(Updated on March 3 with Q4 and FY 2010 GDP, Q4 real
average wage)
NEW LISTINGS OR, AMENDMENTS ARE MARKED*
KEY INTEREST RATES ECB'S TWO-WEEK REPO
rate (pct) 1.00
last changed MAY 7, 2009
former rate (pct) 1.25
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*SLOVAK REAL GDP Q4/10 Q3/10 Q4/09 FY/10
(pct change yr/yr) +3.5 +3.8 -3.6 +4.0
Final consumption
Household +0.5 -0.3 -2.6 -0.3
Government -3.3 +0.9 +6.4 +0.1
Gross fixed capital
formation +10.6 +4.8 -16.9 +3.6
Foreign trade balance
exports of goods
and services +14.3 +17.3 -3.7 +16.4
imports of goods
and services +13.5 +19.2 -9.6 +14.9
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SLOVAK REAL GDP (pct change yr/yr)
FY/2010 +4.0 (+4.0)
FY/2009 -4.8 (-4.7)
FY/2008 +5.8 (+6.2)
FY/2007 +10.5 (+10.6)
FY/2006 +8.5 (+8.5)
FY/2005 +6.7 (+6.7)
FY/2004 +5.1 (+5.0)
FY/2003 +4.8 (+4.8)
FY/2002 +4.6 (+4.6)
FY/2001 +3.5 (+3.5)
FY/2000 +1.4 (+1.4)
--------------------------------------------------------------
C/A BALANCE DEC/10 NOV/10 DEC/09
(mln euro) -308.0 -81.0 -514.0
C/A BALANCE END-2010 END-2009 END-2008
(bln euro) -2.187 -2.264 -4.433
--------------------------------------------------------------
FOREIGN TRADE DEC 10 NOV 10 DEC 09 JAN-DEC 10
(mln euro)
Imports 4,193.3 4,784.4 3,334.9 48,441.7
Exports 4,000.3 4,830.8 3,274.3 48,651.0
Balance -193.0 +46.4 -60.5 +209.3
DYNAMICS OF TRADE
(pct y/y change)
nominal imports +25.7 +26.3 +1.8 +24.9
nominal exports +22.2 +23.6 +12.6 +22.5
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SLOVAK EU-NORM INFLATION JAN 11 DEC 10 JAN 10
pct change mo/mo +2.1 +0.2 +0.1
pct change yr/yr +3.2 +1.3 -0.2
SLOVAK HEADLINE CPI JAN 11 DEC 10 JAN 10
pct change mo/mo +1.9 +0.3 +0.2
pct change yr/yr +3.0 +1.3 +0.4
SLOVAK CORE CPI
pct change mo/mo +0.5 +0.3 +0.7
pct change yr/yr +1.6 +1.9 +0.2
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CENTRAL STATE BUDGET JAN-FEB/11 JAN-FEB/10 FY 2011 PLAN
(mln euro)
revenues 1,758.152 1,461.408 13,147.834
expenditure 2,102.233 2,241.684 16,957.773
balance -344.081 -780.276 -3,809.939
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PRODUCER PRICES OCT/10 SEPT/10 OCT/09
pct change month/month +0.1 -0.2 -0.1
pct change year/year +2.1 +1.9 -8.2
---------------------------------------------------------------
INDUSTRIAL OUTPUT DEC 10 NOV 10 DEC 09 FY-10
pct change yr/yr +19.7 +17.3 +11.8 +18.9
---------------------------------------------------------------
INDUSTRIAL ORDERS DEC 10 NOV 10 DEC 09 FY-2010
pct change m/m +11.5 -0.8 +1.7 +26.6
pct change y/y +34.6 +22.7 +22.8
--------------------------------------------------------------
volume
(mln euro) 2,953.8 3,189.0 2,217.0 34,053.7
---------------------------------------------------------------
CONSTRUCTION OUTPUT DEC 10 NOV 10 DEC 09
pct change yr/yr 0.0 +0.7 -18.2
---------------------------------------------------------------
SELECTED SECTOR SALES DEC/10 OCT/10 DEC/09 JAN-DEC 10
(pct change yr/yr)
Retail sales -2.4 -3.1 -9.2 -2.2
Vehicle sales
and maintenance +13.4 +25.8 -11.5 -1.5
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*SLOVAK AVG WAGES Q4/10 Q3/10 Q3/09 FY/10
real pct change yr/yr +2.7 +2.6 +1.6 +2.2
nominal pct change yr/yr + 3.8 +3.7 +2.1 +3.2
SLOVAK INDUSTRIAL WAGES MAY 09 APRIL 09 MAY 08 FY/08
real pct change yr/yr -3.4 -0.3 +3.2 +2.8
nominal pct change yr/yr -1.3 +2.0 +7.9 +7.5
---------------------------------------------------------------
SLOVAK UNEMPLOYMENT JAN 11 DEC 10 JAN 10
pct of workforce 12.98 12.46 12.89
number of available jobless 346,196 334,903 346,379
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ECONOMIC FORECASTS: GDP EU-NORM CPI C/A DATE
'11 '12 '11 '12 '11 '12
FinMin +3.4 +4.8 +3.4 +3.0 -2.2 -1.7 Feb 8
NBS +3.0 +4.0 +3.9 +2.6 -1.3 -0.4 Dec 7
Notes:
FinMin - Finance Ministry
NBS - National Bank of Slovakia
- GDP - Real gross domestic product growth (pct change yr/yr)
- EU-NORM CPI - Annual average consumer price index, calculated
under the EU methodology (pct)
- C/A - Current account deficit (pct of GDP)
- DATE - The date of the forecast release
