Slovakia's gross domestic product (GDP) grew by 3.3 percent year-on-year in fixed prices in the second quarter of 2011, the Statistics Office (ŠÚ) announced in a flash estimate on Tuesday, August 16.
If seasonal effects are stripped out, GDP grew by 3.4 percent year-on-year in the same period and by 0.9 percent when compared to the first quarter of 2011. GDP reached €17.122 billion in current prices in the second quarter, representing 5.3-percent growth y-o-y, the TASR newswire reported, quoting the ŠÚ figures.
Employment in Slovakia rose by 2.1 percent year-on-year in the second quarter to reach 2.2 million people, the ŠÚ found. After seasonal effects were taken into account, employment was up by 2 percent y-o-y, and by 0.4 percent compared to the first quarter, when employment rose 1.8 percent y-o-y after seasonal effects were taken into account.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
17. Aug 2011 at 10:00