(last updated Dec 21)
NEW LISTINGS OR AMENDMENTS ARE MARKED* KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO rate (pct) 2.25/5.75 4.25 last changed APRIL 24, 2007 APRIL 24, 2007 former rate (pct) 2.50/6.00 4.50 ------------------------------------------------------------------------------- SLOVAK REAL GDP Q3/07 Q2/07 Q3/06 FY/06 (pct change yr/yr) +9.4 +9.3 +9.0 +8.8 Final consumption Household +8.3 +7.8 +4.6 +5.9 Government +2.2 -3.5 +2.8 +10.1 Gross fixed capital formation +6.5 +5.9 +7.9 +8.4 Foreign trade balance exports of goods and services +8.5 +18.1 +24.0 +21.0 imports of goods and services +3.0 +13.2 +22.8 +17.7 -------------------------------------------------------------------------------- SLOVAK REAL GDP Q4/06 Q3/06 Q2/06
Q1/06 (pct change yr/yr) +8.2 (+9.6) +9.0 (+9.8) +7.9 (+6.7) +9.0 (+6.7) Final consumption
Household +6.9 (+6.1) +4.6 (+6.5) +5.0 (+5.9) +7.0 (+6.6)
Government +9.2 (+2.3) +2.8 (+1.2) +12.3 (+6.6) +18.1 (+7.8) Gross fixed capital formation +5.0 (+7.0) +7.9 (+6.7) +7.8 (+3.6) +15.2 (+13.8) Foreign trade balance
exports of goods
and services +23.1 (+22.6) +24.0 (+23.8) +18.9 (+18.1) +17.5 (+17.7) imports of goods
and services +14.9 (+15.3) +22.8 (+22.9) +14.3 (+14.0) +19.5 (+19.6)
SLOVAK REAL GDP 2000-2005 ------------------------- (pct chng yr/yr)
FY/2005 - +6.6 (+6.0) FY/2004 - +5.2 (+5.4) FY/2003 - +4.8 (+4.2) FY/2002 - +4.8 (+4.1) FY/2001 - +3.4 (+3.2) FY/2000 - +1.4 (+0.7) ------------------------- C/A BALANCE JAN-OCT/07 JAN-OCT/06 (SKK bln) -63.2 -96.7 C/A BALANCE JAN-SEPT/07 JAN-SEPT/06 (SKK bln) Total -59.6 -89.5 Foreign trade -6.3 -50.9 Service +11.3 +15.5 Income balance -52.9 -53.6 Current transfers -11.7 -0.5 ---------------------------------------------------------------- FOREIGN TRADE OCT 07 SEPT 07 OCT 06 JAN-DEC 06 (SKK bln) Imports 137.928 120.253 130.980 1,308,143 Exports 140.406 122.847 126.531 1,232.887 Balance +2.477 +2.593 -4.449 -75.256 DYNAMICS OF TRADE (pct y/y change in SKK terms) nominal imports +5.3 -1.9 N/A N/A nominal exports +11.0 +7.2 N/A N/A ---------------------------------------------------------------- SLOVAK EU-NORM INFLATION NOV 07 OCT 07 NOV 06 pct change mo/mo +0.4 +0.7 +0.5 pct change yr/yr +2.3 +2.4 +3.7 SLOVAK HEADLINE CPI NOV 07 OCT 07 NOV 06 pct change mo/mo +0.5 +0.6 +0.6 pct change yr/yr +3.1 +3.3 +4.3 SLOVAK CORE CPI pct change mo/mo +0.6 +0.7 +0.4 pct change yr/yr +3.8 +3.6 +2.9 ------------------------------------------------------------------ CENTRAL STATE BUDGET JAN-NOV/07 JAN-NOV/06 FY 2007 PLAN (SKK bln) revenues 290.356 262.156 310.472 expenditure 284.907 269.139 348.858 balance +5.449 -6.983 -38.386 ------------------------------------------------------------------ PRODUCER PRICES OCT 07 SEPT 07 OCT 06 pct change month/month +0.3 +0.5 +0.1 pct change year/year +1.8 +1.6 +7.1 ------------------------------------------------------------------ INDUSTRIAL OUTPUT OCT 07 SEPT 07 OCT 06 pct change yr/yr +17.3 +15.3 +11.6 CONSTRUCTION OUTPUT OCT 07 SEPT 07 OCT 06 pct change yr/yr +0.3 +5.3 +9.3 SELECTED SECTOR SALES OCT 07 SEPT 07 OCT 06 JAN-DEC 06 (pct change yr/yr) Retail sales 2.1 1.9 9.6 8.8 Hotels and restaurants 7.7 10.4 8.0 14.5 Vehicle sales and maintenance 22.8 16.2 16.7 13.6 ------------------------------------------------------------------ SLOVAK INDUSTRIAL WAGES OCT 07 SEPT 07 OCT 06 JAN-DEC 06 real pct change yr/yr 0.3 2.3 (1.4) 5.4 2.2 nominal pct change yr/yr 3.6 5.2 (4.2) 9.3 6.8 SLOVAK AVG WAGES Q1/07 Q4/06 Q1/06 FY/06 real pct change yr/yr +4.2 +3.9 +2.7 3.3 nominal pct change yr/yr +7.1 +8.2 +7.1 8.0 ------------------------------------------------------------------ SLOVAK UNEMPLOYMENT SEPT 07 AUG 07 SEPT 06 pct of workforce 8.30 8.19 9.75 number of available jobless 215,973 212,905 249,446 ------------------------------------------------------------------ SLOVAK GROSS FOREIGN DEBT ($ million)
END-SEPT/07 END-AUG/07 TOTAL 39,798.9 38,252.7 LONG TERM DEBT 19,816.3 19,036.0 (of which) Govt and central bank 9,423.4 9,107.7 Commercial banks 2,132.5 1,971.4 Corporates 8,260.4 7,956.9 SHORT TERM DEBT 19,982.6 19,216.7 (of which) Govt and central bank 0.0 0.0 Commercial banks 9,606.0 9,593.3 Corporates 10,376.6 9,623.4 ------------------------------------------------------------------ *SLOVAK FOREIGN RESERVES DEC 19 DEC 12 DEC 5 ($ million) Central Bank 18,632.1 19,016.3 19,122.2 Commercial banks 2,892.9 2,761.0 2,525.7 Total banking sector 21,525.0 21,777.3 21,647.9 NOTE: Reserves data are calculated according to methodology compatible with European Central Bank standards. ----------------------------------------------------------------- ECONOMIC FORECASTS:
GDP EU-NORM CPI C/A DATE
'07 '08 '07 '08 '07 '08 FinMin +8.8 +6.8 +1.6 +1.8 -4.0 -2.6 Sept 13 Cbank +8.9 +7.5 +1.6 +2.3 -4.7 -3.1 Oct 30 EC +8.5 +6.5 May 7 Notes: FinMin - Finance Ministry NBS - National Bank of Slovakia EC - European Commission of the European Union GDP - Real gross domestic product growth (pct change yr/yr) CPI - Average annual change in consumer price index, calculated under the EU methodology (pct). C/A - Current account deficit (pct of GDP) DATE - The date of the forecast release.