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NBS releases more optimistic economic outlook for 2014
29 Jan 2014 Flash News
The Slovak economy will do better than originally expected in 2014 according to the Slovak central bank’s (NBS) latest forecast released January 28.
The Slovak economy output is expected to increase by 2.3 percent of GDP year-on-year in 2014, which is a rise of 0.1 percentage points compared to the previous prognosis. The forecast for 2015 has improved by 0.2 percentage points, with the country’s GDP now expected to increase by 3.3 percent of GDP year-on-year. Inflation in 2014 is expected to decelerate to 0.6 percent, while a recovery of the consumer demand in 2015 should accelerate to 1.9 percent.
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