Slovak economy will grow by 3.5 %
Slovak economy should, according to bank analysts, grow slightly slower in the next year than expected still a month ago. According to regular survey by National Bank of Slovakia among analysts, the…
Slovak economy should, according to bank analysts, grow slightly slower in the next year than expected still a month ago. According to regular survey by National Bank of Slovakia among analysts, the economic growth forecast for next year has been revised compared to November by 0.1 % to 3.5 %.
The banks leave the prognosis of gross domestic product for the last year without change and they expect real growth of 4 %. In the fourth quarter alone, they expect slowdown in economic growth to 3.3 %, while in the third quarter of this year it reached 3.8 %. Bankers leave the outlook for consumer prices without change. This year harmonized inflation should reach 1.2 % and next year is projected at 3.6 %.
Slovakia should thus return to positive economic growth figures. In 2009, in fact, according to the Statistical Office of Slovakia, Slovak gross domestic product declined in real terms by 4.7 %. In 2008 Slovak economic was still growing by 6.2 %.