Economics, page 8
News on Slovakia's economy and employment
Slovak economy sped up at the end of 2019
But the prediction for 2020 remains gloomy.
Slovak industry keeps dropping
The industrial production decreased for the fifth consecutive month.
Slovakia reported the highest inflation since 2012
Consumer prices dropped due to the reduction in fuel and food prices.
Inflation grew in November due to foodstuffs and fuels
Analyst expects the rate to gradually slow down next year.
Jobless rate dropped below 5 percent again
Analysts do not expect it to rise significantly due to economic slowdown.
Slovak economy keeps decelerating
It is already the second negative surprise this year, analysts say.
The European Commission is sceptical of Slovakia's budget
It forecasts Slovakia’s economic expansion to give way to slower growth.
Unemployment rate increased slightly
Labour Minister Ján Richter would not call the current state a crisis yet.
Average wage growth breaks records, due to a lack of labour and salary valorisation
Observers predict the average wage will continue increasing.
A weakening demand from abroad negatively impacts exports
An analyst, however, expects the situation to improve later this year.
Foreign trade back in surplus, but disappointing again
The new production capacities in automotive industry are expected to reverse this trend soon, analyst predicts.
Prices of meat and accommodation drove May inflation
On the other hand, fuel prices had a negative impact on annual inflation.
Carmakers drove industrial growth in April
Textile and clothing industry in the red for a long time
Inflation dropped, also due to cheaper plane tickets
Observer expects inflation to oscillate around 2.5 percent in the following months.
Economic growth in the beginning of the year surprised
However, analysts expect Slovakia's economic growth to slow down this year.
Eurostat: Slovakia's government debt and deficit decreased in 2018
However, the Eurostat criticised the quality of data reported by Slovakia and will look into the issue.
The unemployment rate in March was the lowest in Slovakia's history
Unemployment dropped below 4 percent in 36 Slovak districts.
Problems in car industry and Brexit will impact Slovakia's economic growth
The central bank expects the economy to slow down in the following years, too.
Price of goods increased more slowly than expected
Vegetables are more expensive and fruit is cheaper in comparison with last year.
Carmakers were the most significant producers in January
If it were not for the automotive sector, Slovak industrial production would fall says analyst.
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