(last updated May 7)
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-FEB/08 JAN-FEB/07
(SKK bln) +7.7 +3.9
C/A BALANCE JAN/08 JAN/07
(SKK bln)
Total -1.1 +5.6
Foreign trade +7.2 +6.0
Service -0.9 -0.1
Income balance -1.4 +1.4
Current transfers -6.0 -1.7
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FOREIGN TRADE FEB 08 JAN 08 FEB 07 JAN-DEC 07
(SKK bln)
Imports 124.502 118.406 107.059 1,442.123
Exports 132.789 125.627 106.610 1,420.738
Balance +8.287 +7.221 -0.449 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +16.3 +15.6 +14.3 +10.2
nominal exports +24.6 +15.2 +26.0 +15.2
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SLOVAK EU-NORM INFLATION MARCH 08 FEB 08 MARCH 07
pct change mo/mo +0.3 +0.3 +0.1
pct change yr/yr +3.6 +3.4 +2.1
SLOVAK HEADLINE CPI MARCH 08 FEB 08 MARCH 07
pct change mo/mo +0.3 +0.4 0.0
pct change yr/yr +4.2 +4.0 +2.7
SLOVAK CORE CPI
pct change mo/mo +0.2 +0.5 0.0
pct change yr/yr +4.5 +4.3 +2.5
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CENTRAL STATE BUDGET JAN-APRIL/08 JAN-APRIL/07 FY 2008 PLAN
(SKK bln)
revenues 113.430 107.414 348.252
expenditure 105.671 108.931 380.233
balance +7.759 -1.517 -31.981
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PRODUCER PRICES MARCH/08 FEB/08 MARCH/07
pct change month/month +0.2 +2.4 0.0
pct change year/year +5.3 +5.1 +3.1
----------------------------------------------------------------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 MARCH 08 FEB 08 MARCH 07 JAN-DEC 07
(pct change yr/yr)
Retail sales +10.5 +16.6 +6.0 +5.5
Hotels and restaurants -2.4 -4.0 +0.2 +1.6
Vehicle sales
and maintenance -1.2 +13.8 +28.2 +24.2
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SLOVAK INDUSTRIAL WAGES FEB 08 JAN 08 FEB 07 FY/07
real pct change yr/yr +5.6 +4.1 +5.7 +3.5
nominal pct change yr/yr +9.8 +8.1 +8.6 +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
-----------------------------------------------------------------SLOVAK UNEMPLOYMENT MARCH 08 FEB 08 MARCH 07
pct of workforce 7.59 7.84 8.89
number of available jobless 198,011 204,574 231,161
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SLOVAK GROSS FOREIGN DEBT
($ million) END-JAN/08 END-DEC/07
TOTAL 43,663.3 44,308.7
LONG TERM DEBT 21,480.0 20,709.7
(of which)
Govt and central bank 10,130.9 9,502.4
Commercial banks 2,262.8 2,150.8
Corporates 9,086.3 9,056.5
SHORT TERM DEBT 22,182.3 23,599.0
(of which)
Govt and central bank 0.0 0.0
Commercial banks 10,803.0 12,095.6
Corporates 11,379.3 11,503.4
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SLOVAK FOREIGN RESERVES APRIL 29 APRIL 23 APRIL 16
($ million)
Central bank 19,932.1 20,143.8 20,116.2
Commercial banks 3,256.3 3,395.1 3,012.5
Total banking sector 23,188.4 23,538.9 23,128.7
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 +7.4 +6.9 +2.8 +3.1 -3.4 -1.7 April 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)
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.
