(last updated Dec 23)
NEW LISTINGS OR AMENDMENTS ARE MARKED*
KEY INTEREST RATES OVERNIGHT REPO TWO-WEEK REPO
rate (pct) 1.50/3.50 2.50
last changed DEC 9, 2008 DEC 9, 2008
former rate (pct) 2.25/4.25 3.25
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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
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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-OCT/08 JAN-SEPT/08 JAN-OCT/07
(SKK bln) -94.9 -92.9 -74.4
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FOREIGN TRADE OCT 08 SEPT 08 OCT 07 JAN-DEC 07
(SKK bln)
Imports 136.120 132.654 142.037 1,442.123
Exports 140.148 132.872 142.788 1,420.738
Balance +4.028 +0.218 +0.750 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports -4.2 +10.7 +8.4 +10.2
nominal exports -1.8 +7.6 +12.8 +15.2
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SLOVAK EU-NORM INFLATION NOV 08 OCT 08 NOV 07
pct change mo/mo +0.1 +0.3 +0.4
pct change yr/yr +3.9 +4.2 +2.3
SLOVAK HEADLINE CPI NOV 08 OCT 08 NOV 07
pct change mo/mo +0.2 +0.4 +0.5
pct change yr/yr +4.9 +5.1 +3.1
SLOVAK CORE CPI
pct change mo/mo -0.2 +0.2 +0.6
pct change yr/yr +4.1 +4.9 +3.8
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CENTRAL STATE BUDGET JAN-NOV/08 JAN-NOV/07 FY 2008 PLAN
(SKK bln)
revenues 307.081 290.356 348.252
expenditure 297.504 284.907 380.233
balance +9.577 +5.449 -31.981
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*PRODUCER PRICES NOV/08 OCT/08 NOV/07
pct change month/month -0.2 +0.9 +0.6
pct change year/year +6.7 +7.5 +2.0
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INDUSTRIAL OUTPUT OCT 08 SEPT 08 OCT 07
pct change yr/yr +0.0 +5.4 +12.7
CONSTRUCTION OUTPUT OCT 08 SEPT 08 OCT 07
pct change yr/yr +15.9 +17.2 +0.1
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SELECTED SECTOR SALES OCT 08 SEPT 08 OCT 07 JAN-DEC 07
(pct change yr/yr)
Retail sales +4.6 +4.6 +4.8 +5.5
Hotels and restaurants -7.6 -8.7 +7.7 +1.6
Vehicle sales
and maintenance -3.2 +0.2 +22.8 +24.2
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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
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SLOVAK UNEMPLOYMENT NOV 08 OCT 08 NOV 07
pct of workforce 7.80 7.51 7.76
number of available jobless 203,430 195,922 201,933
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SLOVAK GROSS FOREIGN DEBT
($ million) END-SEPT/08 END-AUG/08
TOTAL 53,045.3 52,823.3
LONG TERM DEBT 25,848.3 26,309.1
(of which)
Govt and central bank 10,831.9 11,307.2
Commercial banks 3,135.5 3,167.3
Corporates 11,880.9 11,834.6
SHORT TERM DEBT 27,197.0 26,514.1
(of which)
Govt and central bank 0.0 0.0
Commercial banks 14,225.5 13,880.0
Corporates 12,971.5 12,634.1
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SLOVAK FOREIGN RESERVES DEC 17 DEC 10 DEC 3
($ million)
Central bank 18,441.6 17,282.1 16,897.9
Commercial banks 3,254.2 2,818.4 2,638.7
Total banking sector 21,695.8 20,100.5 19,536.6
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 +7.0 +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.
