(last updated Sept 19)
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 Q2/08 Q1/08 Q2/07 FY/07
(pct change yr/yr) +7.6 +8.7 +9.3 +10.4
Final consumption
Household +5.7 +8.4 +7.8 +7.1
Government +8.9 +0.6 -3.5 +0.7
Gross fixed capital
formation +9.6 +2.4 +5.9 +7.9
Foreign trade balance
exports of goods
and services +8.7 +12.4 +18.1 +16.0
imports of goods
and services +9.0 +14.2 +13.2 +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-JUNE08 JAN-JUNE/07
(SKK bln) -46.7 -32.7
C/A BALANCE JAN-MAY/08 JAN-MAY/07
(SKK bln)
Total -32.9 -13.2
Foreign trade -0.6 -2.4
Service -5.3 +4.5
Income balance -18.7 -8.8
Current transfers -8.2 -6.5
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FOREIGN TRADE JULY 08 JUNE 08 JULY 07 JAN-DEC 07
(SKK bln)
Imports 127.153 131.208 115.924 1,442.123
Exports 122.956 130.444 114.361 1,420.738
Balance -4.197 -0.765 -1.563 -21.385
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +9.7 +7.6 +14.0 +10.2
nominal exports +7.5 +11.1 +14.1 +15.2
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SLOVAK EU-NORM INFLATION AUG 08 JULY 08 AUG 07
pct change mo/mo -0.1 0.0 -0.1
pct change yr/yr +4.4 +4.4 +1.2
SLOVAK HEADLINE CPI AUG 08 JULY 08 AUG 07
pct change mo/mo +0.2 +0.1 +0.1
pct change yr/yr +5.0 +4.8 +2.3
SLOVAK CORE CPI
pct change mo/mo +0.2 +0.2 0.0
pct change yr/yr +5.3 +5.1 +2.4
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CENTRAL STATE BUDGET JAN-AUG/08 JAN-AUG/07 FY 2008 PLAN
(SKK bln)
revenues 216.678 206.309 348.252
expenditure 211.594 205.907 380.233
balance +5.084 +0.402 -31.981
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PRODUCER PRICES JULY 08 JUNE 08 JULY 07
pct change month/month +0.5 +0.2 +0.5
pct change year/year +6.3 +6.3 +1.3
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INDUSTRIAL OUTPUT JULY 08 JUNE 08 JULY 07
pct change yr/yr +1.8 +6.2 +17.3
CONSTRUCTION OUTPUT JULY 08 JUNE 08 JULY 07
pct change yr/yr +9.1 +6.5 +4.8
SELECTED SECTOR SALES JULY 08 JUNE 08 JULY 07 JAN-DEC 07
(pct change yr/yr)
Retail sales +6.9 +3.1 +5.9 +5.5
Hotels and restaurants +1.2 +4.3 -4.4 +1.6
Vehicle sales
and maintenance +6.0 +3.5 +26.9 +24.2
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SLOVAK INDUSTRIAL WAGES JULY 08 JUNE 08 JULY 07 FY/07
real pct change yr/yr +3.6 +5.0 +3.5 +3.5
nominal pct change yr/yr +8.6 +9.8 +5.9 +6.4
SLOVAK AVG WAGES Q2/08 Q1/08 Q2/07 FY/07
real pct change yr/yr +4.8 +6.2 +4.1 4.3
nominal pct change yr/yr +9.5 +10.4 +6.7 7.2
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SLOVAK UNEMPLOYMENT AUG 08 JULY 08 AUG 07
pct of workforce 7.36 7.47 8.19
number of available jobless 192,098 194,841 212,905
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SLOVAK GROSS FOREIGN DEBT
($ million) END-MAY/08 END-APRIL/08
TOTAL 52,367.5 50,145.3
LONG TERM DEBT 25,350.3 23,683.4
(of which)
Govt and central bank 10,728.6 10,511.9
Commercial banks 2,692.8 2,578.2
Corporates 11,928.9 10,593.4
SHORT TERM DEBT 27,017.2 26,461.9
(of which)
Govt and central bank 0.0 0.0
Commercial banks 13,843.8 13,549.6
Corporates 13,173.4 12,912.3
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*SLOVAK FOREIGN RESERVES SEPT 17 SEPT 10 SEPT 3
($ million)
Central bank 18,307.2 18,139.3 18,506.9
Commercial banks 3,562.5 3,154.3 3,466.4
Total banking sector 21,869.7 21,293.6 21,973.3
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 +7.7 +6.5 +3.8 +3.4 -4.1 -2.5 June 25
Cbank +7.6 +6.6 +4.0 +2.8 -5.1 -2.9 July 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.
