(last updated Nov 5)
NEW LISTINGS OR AMENDMENTS ARE MARKED* KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO rate (pct) 2.75/4.75 3.75 last changed OCT 28, 2008 OCT 28, 2008 former rate (pct) 2.25/5.75 4.25 ------------------------------------------------------------- SLOVAK REAL GDP Q2/08 Q1/08 Q2/07 FY/07 (pct change yr/yr) +7.6 +8.7 +9.3 +10.4 Final consumption Household +5.7 +8.4 +7.8 +7.1 Government +8.9 +0.6 -3.5 +0.7 Gross fixed capital formation +9.6 +2.4 +5.9 +7.9 Foreign trade balance exports of goods and services +8.7 +12.4 +18.1 +16.0 imports of goods and services +9.0 +14.2 +13.2 +10.4 -------------------------------------------------------------- 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) -------------------------------------------------------------- C/A BALANCE JAN-AUG/08 JAN-JULY/08 JAN-AUG/07 (SKK bln) -82.6 -80.96 -55.98 -------------------------------------------------------------- FOREIGN TRADE AUG 08 JULY 08 AUG 07 JAN-DEC 07 (SKK bln) Imports 111.448 126.750 113.968 1,442.123 Exports 112.070 123.338 108.163 1,420.738 Balance +0.622 -3.412 -5.805 -21.385 DYNAMICS OF TRADE (pct y/y change in SKK terms) nominal imports -2.2 +9.3 +4.5 +10.2 nominal exports +3.6 +7.8 +2.6 +15.2 -------------------------------------------------------------- SLOVAK EU-NORM INFLATION SEPT 08 AUG 08 SEPT 07 pct change mo/mo +0.4 -0.1 +0.3 pct change yr/yr +4.5 +4.4 +1.7 SLOVAK HEADLINE CPI SEPT 08 AUG 08 SEPT 07 pct change mo/mo +0.7 +0.2 +0.2 pct change yr/yr +5.4 +5.0 +2.8 SLOVAK CORE CPI pct change mo/mo +0.4 +0.2 +0.2 pct change yr/yr +5.5 +5.3 +3.0 -------------------------------------------------------------- CENTRAL STATE BUDGET JAN-OCT/08 JAN-OCT/07 FY 2008 PLAN (SKK bln) revenues 274.939 263.062 348.252 expenditure 267.057 256.174 380.233 balance +7.882 +6.888 -31.981 -------------------------------------------------------------- PRODUCER PRICES SEPT/08 AUG/08 SEPT/07 pct change month/month +0.6 +0.2 +0.5 pct change year/year +6.8 +6.7 +1.6 -------------------------------------------------------------- INDUSTRIAL OUTPUT AUG 08 JULY 08 AUG 07 pct change yr/yr +0.9 +1.9 +4.8 CONSTRUCTION OUTPUT AUG 08 JULY 08 AUG 07 pct change yr/yr +7.7 +9.1 -1.6 -------------------------------------------------------------- *SELECTED SECTOR SALES SEPT 08 AUG 08 SEPT 07 JAN-DEC 07 (pct change yr/yr) Retail sales +4.6 +5.8 +1.9 +5.5 Hotels and restaurants -8.7 -0.4 +10.4 +1.6 Vehicle sales and maintenance +0.2 -5.8 +16.2 +24.2 --------------------------------------------------------------- SLOVAK INDUSTRIAL WAGES AUG 08 JULY 08 AUG 07 FY/07 real pct change yr/yr +0.7 +3.6 +3.8 +3.5 nominal pct change yr/yr +5.7 +8.6 +6.2 +6.4 SLOVAK AVG WAGES Q2/08 Q1/08 Q2/07 FY/07 real pct change yr/yr +4.8 +6.2 +4.1 4.3 nominal pct change yr/yr +9.5 +10.4 +6.7 7.2 --------------------------------------------------------------- SLOVAK UNEMPLOYMENT SEPT 08 AUG 08 SEPT 07 pct of workforce 7.54 7.36 8.30 number of available jobless 196,698 192,098 215,973 --------------------------------------------------------------- SLOVAK GROSS FOREIGN DEBT ($ million) END-JULY/08 END-JUNE/08 TOTAL 56,984.5 56,110.2 LONG TERM DEBT 26,695.4 26,497.5 (of which) Govt and central bank 11,549.4 11,385.5 Commercial banks 2,845.0 2,820.5 Corporates 12,301.0 12,291.5 SHORT TERM DEBT 30,289.1 29,612.7 (of which) Govt and central bank 0.0 0.0 Commercial banks 16,283.0 15,632.7 Corporates 14,006.1 13,980.0 --------------------------------------------------------------- SLOVAK FOREIGN RESERVES OCT 29 OCT 22 OCT 15 ($ million) Central bank 16.622.2 17,242.1 17,878.1 Commercial banks 2,807.6 2,951.4 3,045.8 Total banking sector 19,429.8 20,193.5 20,923.9 NOTE: Reserves data are calculated according to methodology compatible with European Central Bank standards. --------------------------------------------------------------- *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 +7.6 +6.6 +4.0 +2.8 -5.1 -2.9 July 29 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.