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ECONOMIC BRIEFS

Real GDP growth for 1Q-3Q97 was 6.0%

Slovakia's gross domestic product (GDP) grew by 6.0 percent in real terms for the first nine months of 1997, the Slovak Statistical Bureau (ŠÚSR) reported on December 9. "GDP growth in the first three quarters was influenced mainly by domestic demand... while gross fixed capital formation continued to be the fastest rising component of GDP despite a slowdown in the third quarter," ŠÚSR said. Gross fixed capital formation grew by 18.2 percent year-on-year in real terms and household consumption was up 6.7 percent while public sector consumption grew by 4.1 percent. Exports of goods and services increased by 8.2 percent in real terms compared to the same period of 1996, while imports were up 6.7 percent. The private sector accounted for 82.4 percent of GDP created between January and September, a chunk five percent bigger than last year.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.