(last updated Feb 9)
NEW LISTINGS OR AMENDMENTS ARE MARKED* KEY INTEREST RATES TWO-WEEK REPO
rate (pct) 2.00
last changed JAN 15, 2009
former rate (pct) 2.50 ------------------------------------------------------------- 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 -------------------------------------------------------------- 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-NOV/08 JAN-OCT/08 JAN-NOV/07 (SKK bln) -114.5 -102.7 -88.47 -------------------------------------------------------------- C/A BALANCE JAN-OCT/08 JAN-OCT/07 (SKK bln) Total -102.7 -74.4 Foreign trade -4.7 -3.6 Service -11.2 +9.7 Income balance -64.8 -68.7 Current transfers -21.9 -11.8 -------------------------------------------------------------- FOREIGN TRADE NOV 08 OCT 08 NOV 07 JAN-DEC 07 (SKK bln) Imports 124,740 138,130 143.666 1,442.123 Exports 117,397 141.471 139.044 1,420.738 Balance -7.343 +3.340 -4.623 -21.385 DYNAMICS OF TRADE (pct y/y change in SKK terms) nominal imports -13.2 -2.8 +11.0 +10.2 nominal exports -15.6 -0.9 +15.4 +15.2 -------------------------------------------------------------- SLOVAK EU-NORM INFLATION DEC 08 NOV 08 DEC 07 pct change mo/mo -0.1 +0.1 +0.3 pct change yr/yr +3.5 +3.9 +2.5 SLOVAK HEADLINE CPI DEC 08 NOV 08 DEC 07 pct change mo/mo -0.2 +0.2 +0.3 pct change yr/yr +4.4 +4.9 +3.4 SLOVAK CORE CPI pct change mo/mo -0.4 -0.2 +0.4 pct change yr/yr +3.3 +4.1 +4.2 -------------------------------------------------------------- CENTRAL STATE BUDGET JAN/09 FY 2009 PLAN (mln euro) revenues 706.678 13,115.9 expenditure 606.359 14,125.3 balance 100.319 -1,009.4 -------------------------------------------------------------- PRODUCER PRICES DEC/08 NOV/08 DEC/07 pct change month/month -0.6 -0.2 0.0 pct change year/year +6.0 +6.7 +2.8 -------------------------------------------------------------- *INDUSTRIAL OUTPUT DEC 08 NOV 08 DEC 07 pct change yr/yr -16.8 -7.2 +6.3 -------------------------------------------------------------- SELECTED SECTOR SALES DEC 08 NOV 08 DEC 07 JAN-DEC 08 (pct change yr/yr) Retail sales +3.2 +2.2 +7.7 +6.8 Hotels and restaurants -9.3 -7.3 +7.1 -1.7 Vehicle sales and maintenance -0.2 -8.0 +17.4 +1.4 --------------------------------------------------------------- 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 OCT 08 SEPT 08 OCT 07 FY/07 real pct change yr/yr -0.7 +3.9 +2.1 +3.5 nominal pct change yr/yr +4.4 +9.5 +5.5 +6.4 --------------------------------------------------------------- SLOVAK UNEMPLOYMENT DEC 08 NOV 08 DEC 07 pct of workforce 8.39 7.80 7.99 number of available jobless 2 18,920 203,430 207,863 --------------------------------------------------------------- SLOVAK GROSS FOREIGN DEBT ($ million) END-OCT/08 END-SEPT/08 TOTAL 48,663.4 53,045.3 LONG TERM DEBT 23,459.8 25,848.3
(of which) Govt and central bank 9,716.5 10,831.9 Commercial banks 2,879.2 3,135.5 Corporates 10,864.1 11,880.9 SHORT TERM DEBT 25,173.6 27,197.0 (of which) Govt and central bank 0.0 0.0 Commercial banks 12,992.2 14,225.5 Corporates 12,181.4 12,971.5 --------------------------------------------------------------- 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.