(last updated March 4)
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 END-2007 END-2006
(SKK bln) -97.9 -116.5
C/A BALANCE JAN-NOV/07 JAN-NOV/06
(SKK bln)
Total -88.5 -104.7
Foreign trade -10.2 -64.3
Service +11.2 +16.6
Income balance -79.2 -55.8
Current transfers -10.2 -1.3
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FOREIGN TRADE DEC 07 NOV 07 DEC 06 JAN-DEC 07
(SKK bln)
Imports 117.716 142.459 110.129 1,438.134
Exports 108.246 135.569 99.123 1,418.434
Balance -9.470 -6.890 -11.006 -19.700
DYNAMICS OF TRADE
(pct y/y change in SKK terms)
nominal imports +6.9 +10.1 N/A +9.9
nominal exports +9.2 +12.5 N/A +15.0
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SLOVAK EU-NORM INFLATION JAN 08 DEC 07 JAN 07
pct change mo/mo +1.2 +0.3 +0.5
pct change yr/yr +3.2 +2.5 +2.2
SLOVAK HEADLINE CPI JAN 08 DEC 07 JAN 07
pct change mo/mo +1.3 +0.3 +1.0
pct change yr/yr +3.8 +3.4 +3.0
SLOVAK CORE CPI
pct change mo/mo +1.1 +0.4 +1.3
pct change yr/yr +4.1 +4.2 +2.9
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*CENTRAL STATE BUDGET JAN-FEB/08 JAN-FEB/07 FY 2008 PLAN
(SKK bln)
revenues 51.538 46.007 348.252
expenditure 49.983 54.537 380.233
balance 1.555 -8.529 -31.981
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PRODUCER PRICES DEC 07 NOV 07 DEC 06
pct change month/month +0.0 +0.6 -0.8
pct change year/year +2.8 +2.0 +5.4
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INDUSTRIAL OUTPUT DEC 07 NOV 07 DEC 06
pct change yr/yr +6.4 +13.2 +3.0
CONSTRUCTION OUTPUT DEC 07 NOV 07 DEC 06
pct change yr/yr -1.2 -1.7 +17.6
SELECTED SECTOR SALES DEC 07 NOV 07 DEC 06 JAN-DEC 07
(pct change yr/yr)
Retail sales 5.1 2.0 7.4 4.8
Hotels and restaurants 7.1 6.9 0.8 1.6
Vehicle sales
and maintenance 17.4 19.6 14.3 24.2
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SLOVAK INDUSTRIAL WAGES DEC 07 NOV 07 DEC 06
real pct change yr/yr -0.6 +1.6 +4.2
nominal pct change yr/yr +2.8 +4.7 +8.6
*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
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SLOVAK UNEMPLOYMENT JAN 08 DEC 07 JAN 07
pct of workforce 8.06 7.99 9.45
number of available jobless 210,301 207,863 245,635
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SLOVAK GROSS FOREIGN DEBT
($ million)
END-OCT/07 END-SEPT/07
TOTAL 42,216.4 39,798.9
LONG TERM DEBT 20,380.5 19,816.3
(of which)
Govt and central bank 9,373.3 9,423.4
Commercial banks 2,329.9 2,132.5
Corporates 8,677.3 8,260.4
SHORT TERM DEBT 21,835.9 19,982.6
(of which)
Govt and central bank 0.0 0.0
Commercial banks 10,640.3 9,606.0
Corporates 11,195.6 10,376.6
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SLOVAK FOREIGN RESERVES FEB 27 FEB 20 FEB 13
($ million)
Central bank 19,299.7 19,119.9 18,874.9
Commercial banks 2,932.5 2,895.6 2,888.6
Total banking sector 22,232.2 22,015.5 21,763.5
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 +7.7 +6.9 +2.8 +2.9 -2.6 -1.2 Jan 29
Notes:
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.
