Economics, page 7
News on Slovakia's economy and employment
Drop in foreign trade moderated, but remains high
A slight improvement may come in the following months, impacted by the lifting of coronavirus measures.
Brussels has high hopes for Slovak economy despite sharp downturn
The EC has published its summer 2020 economic forecast.
Another gloomy prediction: bank analysts expect the economy to contract by 9 percent
Indicators are expected to improve next year.
Experts warn of deeper recession if COVID-19 cases spike
Slovak economy is projected to fall by nearly 10 percent in 2020.
Slovakia’s economy expected to drop by more than 9 percent
Although May indicators imply a slight improvement, negative risks endure, NBS analyst said.
Annual inflation rate increase is the slowest since late 2018
While transport prices dropped in the annual comparison, food prices increased slightly.
Coronavirus affected also industrial production. It hit the historical bottom
Suspended manufacture of cars had the highest impact.
Kažimír: Slovak economy is in free fall
Slovak economy contracted by 5.2 percent q/q during the first quarter of 2020.
Slovakia experienced record drop in export and import in April
The measures and consequences of the pandemic gained full force in April, not only in Slovakia, but also for Slovakia’s most important trade partners, an analyst said.
The European Commission wants to see more medical workers in Slovakia
The EC has issued recommendations for Slovakia to overcome the crisis.
Increase in unemployment rate is worse than during financial crisis
Observers predict the number of jobless to keep increasing in coming months.
Inflation drops to lowest level since late 2018
A greater fall was prevented by the higher price of fruit and vegetables.
The coronavirus pandemic has cut industrial production
It has reached the lowest level since May 2009.
Fitch downgraded Slovakia’s rating
The finance minister considers the decision a raised finger.
Coronavirus pandemic has affected retail revenues
Turnover dropped the most in accommodation and the sale of vehicles.
The coronavirus may increase unemployment in following months
It may rise by two-digit numbers, analyst warns.
Oil and food prices affect slower inflation
It is possible inflation will continue to slow down in the coming months.
Gloomy scenario for the economy: a drop of more than 6 percent
The predictions are more optimistic for next year.
Which parties pay most attention to key economic challenges for Slovakia?
After employers and the INESS think tank, Slovak Economic Society (SES) delivered its evaluation of election programmes.
Economic growth prevents higher unemployment figures
Unemployment went up slightly in January, stopping at 4.98 percent.
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