(last updated April 8)
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
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SLOVAK REAL GDP Q4/07 Q3/07 Q4/06 FY/07
(pct change yr/yr) +14.3 +9.4 +8.2 +10.4
Final consumption
Household +5.9 +8.3 +6.9 +7.1
Government +0.8 +2.2 +9.2 +0.7
Gross fixed capital
formation +8.9 +6.5 +5.0 +7.9
Foreign trade balance
exports of goods
and services +16.0 +8.5 +23.1 +16.0
imports of goods
and services +11.6 +3.0 +14.9 +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 2008 JAN 2007
(SKK bln) -0.3 +5.6
C/A BALANCE JAN-DEC/07 JAN-DEC/06
(SKK bln)
Total -98.8 -116.5
Foreign trade -21.4 -75.3
Service +13.1 +22.5
Income balance -79.4 -62.1
Current transfers -11.1 -1.6
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FOREIGN TRADE JAN 08 DEC 07 JAN 07 JAN-DEC 07
(SKK bln)
Imports 120.386 120.067 102.410 1,442.123
Exports 127.027 108.481 109.098 1,420.738
Balance +6.641 -11.586 +6.688 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +17.6 +9.0 +16.1 +10.2
nominal exports +16.4 +9.4 +35.0 +15.2
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SLOVAK EU-NORM INFLATION FEB 08 JAN 08 FEB 07
pct change mo/mo +0.3 +1.2 +0.1
pct change yr/yr +3.4 +3.2 +2.0
SLOVAK HEADLINE CPI FEB 08 JAN 08 FEB 07
pct change mo/mo +0.4 +1.3 +0.2
pct change yr/yr +4.0 +3.8 +2.7
SLOVAK CORE CPI
pct change mo/mo +0.5 +1.1 +0.3
pct change yr/yr +4.3 +4.1 +2.5
----------------------------------------------------------------CENTRAL STATE BUDGET JAN-MARCH/08 JAN-MARCH/07 FY 2008 PLAN
(SKK bln)
revenues 80.968 70.234 348.252
expenditure 77.542 82.123 380.233
balance +3.426 -11.889 -31.981
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PRODUCER PRICES JAN 08 DEC 07 JAN 07
pct change month/month +1.0 0.0 -0.5
pct change year/year +4.4 +2.8 +3.4
----------------------------------------------------------------*INDUSTRIAL OUTPUT FEB 08 JAN 08 FEB 07
pct change yr/yr +11.5 +8.5 (+8.4) +15.3
*CONSTRUCTION OUTPUT FEB 08 JAN 08 FEB 07
pct change yr/yr +13.5 +14.1 +25.2
SELECTED SECTOR SALES JAN 08 DEC 07 JAN 07 JAN-DEC 07
(pct change yr/yr)
Retail sales 15.6 7.7 0.9 5.5
Hotels and restaurants 10.9 7.1 -0.5 1.6
Vehicle sales
and maintenance 10.0 17.4 38.6 24.2
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SLOVAK INDUSTRIAL WAGES JAN 08 DEC 07 JAN 07 FY/07
real pct change yr/yr +4.1 +1.2 +5.6 +3.5
nominal pct change yr/yr +8.1 +4.6 +8.8 +6.4
SLOVAK AVG WAGES Q4/07 Q3/07 Q4/06 FY/07
real pct change yr/yr +4.5 +4.2 +3.9 4.3
nominal pct change yr/yr +8.0 +6.8 +8.2 7.2
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SLOVAK UNEMPLOYMENT FEB 08 JAN 08 FEB 07
pct of workforce 7.84 8.06 9.20
number of available jobless 204,574 210,301 239,170
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SLOVAK GROSS FOREIGN DEBT
($ million)
END-2007 END-2006
TOTAL 44,308.7 32,205.9
LONG TERM DEBT 20,709.7 16,649.7
(of which)
Govt and central bank 9,502.4 7,702.1
Commercial banks 2,150.8 1,559.2
Corporates 9,056.5 7,388.4
SHORT TERM DEBT 23,599.0 15,556.2
(of which)
Govt and central bank 0.0 0.0
Commercial banks 12,095.6 6,148.8
Corporates 11,503.4 9,407.4
----------------------------------------------------------------SLOVAK FOREIGN RESERVES APRIL 2 MARCH 26 MARCH 18
($ million)
Central bank 19,878.5 19,830.0 20,118.2
Commercial banks 2,866.3 3,020.2 3,092.7
Total banking sector 22,744.8 22,850.2 23,210.9
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 +7.5 +6.4 +3.1 +3.0 -2.2 -1.4 Jan 29
Cbank +7.7 +6.9 +2.8 +2.9 -2.6 -1.2 Jan 29
Notes:
FinMin - Finance Ministry
NBS - National Bank of Slovakia
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.
