Economics, page 9
News on Slovakia's economy and employment
EC: Slovakia lags in several fields
EC critical of regional differences, quality of public institutions, education, science and research.
After months of decrease, the unemployment rate rose in January
However, labour offices reported a record-high number of jobs available at the start of 2019.
INESS: The new levy on retailers costs households €50 million
People are expected to pay more for food in March.
Economic growth was disappointing at the end of the year
Statistics Office estimates that Slovakia’s GDP grew by 3.6 percent in the final quarter of 2018.
Jaguar Land Rover helped Slovakia's industrial production grow
But the industrial sectors are expected to slow down in the following months, except for the car industry.
FinMin analysis: Slovakia is behind its cyclic growth peak
The ministry has revised its growth prognosis downwards, pointing mostly to development abroad.
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December inflation surprised analysts
Price have gone up on a year-on-year basis, but decreased in December.
Analyst: Foreign trade balance a bit disappointing in November
Among the risks for foreign trade development is the threat of trade war between the EU and the US, and hard Brexit scenario.
The prices of fruit fell the most in October
But the prices of fuels continued increasing.
Summer economic growth came as a pleasant surprise
It has been the fastest quarterly growth since 2015, observers say.
Automotive and engineering production are at a similar level
Other sectors are not faring very well.
Slovakia’s middle class is the richest in the world
The number of Slovaks owning property is higher than anywhere else.
IMF worsens Slovakia’s GDP growth prediction
The International Monetary Fund predicts a slight drop in the country’s economic growth for both 2018 and 2019.
Slovakia recorded negative trade balance in August 2018
Analyst: The real deficit has been smaller than originally expected, however.
Slovakia’s GDP grew by 4.1 percent y/y in Q2 2018
Analysts see this increase as positive and exceeding expectations but expect growth to slow down.
The share of people in material need drops
Most people relying on benefits for those in material need live in the south and east of Slovakia, while the fewest can be found in the capital.
Analyst sees an end in unemployment rate decline
The decline was slowest in five years in May, with analyst suggesting that cyclical recovery is coming to an end.
FAQ: Paper tax return for self-employed no longer accepted starting July
The self-employed need to prepare for the new, obligatory electronic communication with tax officials.
Slovakia issues its first 50-year bond
The country’s first bond of this type was introduced on June 5, during this year’s first entry of Slovakia to the European capital markets.
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