(last updated Dec 9)
NEW LISTINGS OR AMENDMENTS ARE MARKED*
*KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO
rate (pct) 1.50/3.50 2.50
last changed DEC 9, 2008 DEC 9, 2008
former rate (pct) 2.25/4.25 3.25
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SLOVAK REAL GDP Q3/08 Q2/08 Q3/07 FY/07
(pct change yr/yr) +7.0 +7.9 +10.5 +10.4
Final consumption
Household +6.0 +5.7 +8.3 +7.1
Government +3.3 +9.6 -0.2 +0.7
Gross fixed capital
formation +7.3 +11.8 +11.1 +7.9
Foreign trade balance
exports of goods
and services +2.7 +8.1 +8.3 +16.0
imports of goods
and services +2.0 +7.7 +2.3 +10.4
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SLOVAK REAL GDP 2000-2006
(pct chng yr/yr)
FY/2006 - +8.3
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)
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C/A BALANCE JAN-SEPT/08 JAN-JULY/08 JAN-SEPT/07
(SKK bln) -84.0 -79.9 -59.6
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FOREIGN TRADE SEPT 08 AUG 08 SEPT 07 JAN-DEC 07
(SKK bln)
Imports 128.966 108.587 119.877 1,442.123
Exports 131.544 111.318 123.529 1,420.738
Balance +2.578 +2.731 +3.652 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +7.6 -4.7 -2.2 +10.2
nominal exports +6.5 +2.9 +7.8 +15.2
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SLOVAK EU-NORM INFLATION OCT 08 SEPT 08 OCT 07
pct change mo/mo +0.3 +0.4 +0.7
pct change yr/yr +4.2 +4.5 +2.4
SLOVAK HEADLINE CPI OCT 08 SEPT 08 OCT 07
pct change mo/mo +0.4 +0.7 +0.6
pct change yr/yr +5.1 +5.4 +3.3
SLOVAK CORE CPI
pct change mo/mo +0.2 +0.4 +0.7
pct change yr/yr +4.9 +5.5 +3.6
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CENTRAL STATE BUDGET JAN-NOV/08 JAN-NOV/07 FY 2008 PLAN
(SKK bln)
revenues 307.081 290.356 348.252
expenditure 297.504 284.907 380.233
balance +9.577 +5.449 -31.981
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PRODUCER PRICES OCT/08 SEPT/08 OCT/07
pct change month/month +0.9 +0.6 +0.3
pct change year/year +7.5 +6.8 +1.8
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INDUSTRIAL OUTPUT OCT 08 SEPT 08 OCT 07
pct change yr/yr +0.0 +5.4 +12.7
CONSTRUCTION OUTPUT OCT 08 SEPT 08 OCT 07
pct change yr/yr +15.9 +17.2 +0.1
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SELECTED SECTOR SALES OCT 08 SEPT 08 OCT 07 JAN-DEC 07
(pct change yr/yr)
Retail sales +4.6 +4.6 +4.8 +5.5
Hotels and restaurants -7.6 -8.7 +7.7 +1.6
Vehicle sales
and maintenance -3.2 +0.2 +22.8 +24.2
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SLOVAK AVG WAGES Q3/08 Q2/08 Q3/07 FY/07
real pct change yr/yr +3.5 +4.8 +4.2 +4.3
nominal pct change yr/yr +8.8 +9.5 +6.8 +7.2
SLOVAK INDUSTRIAL WAGES SEPT 08 AUG 08 SEPT 07 FY/07
real pct change yr/yr +4.0 +0.7 +2.3 +3.5
nominal pct change yr/yr +9.6 +5.7 +5.2 +6.4
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SLOVAK UNEMPLOYMENT OCT 08 SEPT 08 OCT 07
pct of workforce 7.51 7.54 7.92
number of available jobless 195,922 196,698 206,071
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SLOVAK GROSS FOREIGN DEBT
($ million) END-AUG/08 END-JULY/08
TOTAL 52,823.3 56,984.5
LONG TERM DEBT 26,309.1 26,695.4
(of which)
Govt and central bank 11,307.2 11,549.4
Commercial banks 3,167.3 2,845.0
Corporates 11,834.6 12,301.0
SHORT TERM DEBT 26,514.1 30,289.1
(of which)
Govt and central bank 0.0 0.0
Commercial banks 13,880.0 16,283.0
Corporates 12,634.1 14,006.1
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SLOVAK FOREIGN RESERVES DEC 3 NOV 26 NOV 19
($ million)
Central bank 16,897.9 17,002.6 16,775.3
Commercial banks 2,638.7 2,977.5 2,963.2
Total banking sector 19,536.6 19,980.1 19,738.5
NOTE: Reserves data are calculated according to methodology
compatible with European Central Bank standards.
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ECONOMIC FORECASTS:
GDP EU-NORM CPI C/A DATE
'08 '09 '08 '09 '08 '09
FinMin +7.0 +4.6 +N/A +N/A -5.6 -4.4 Nov 4
Cbank +7.5 +4.7 +3.9 +2.7 -5.8 -4.6 Dec 5
EC +7.0 +6.2 +3.8 +3.2 April 28
Notes:
EC - The European Commission
FinMin - Finance Ministry
NBS - National Bank of Slovakia
GDP - Real gross domestic product growth (pct change yr/yr)
EU-NORM CPI - Annual change in consumer price index in
December, calculated under the EU methodology (pct).
C/A - Current account deficit (pct of GDP)
DATE - The date of the forecast release.
