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IMF forecasts Slovakia's GDP will grow by 2.4 percent this year

The Slovak economy, which last year grew by 3.3 percent, will grow by only 2.4 percent this year, according to a prognosis published by the International Monetary Fund (IMF) as part of its latest global economic outlook, the SITA newswire reported.

The Slovak economy, which last year grew by 3.3 percent, will grow by only 2.4 percent this year, according to a prognosis published by the International Monetary Fund (IMF) as part of its latest global economic outlook, the SITA newswire reported.

Next year, Slovakia's economic growth should accelerate to 3.1 percent. The IMF estimates growth in consumer prices to slow from last year's 4.1 percent to 3.8 percent this year and 2.3 percent next year. Meanwhile, the fund expects the unemployment rate to fluctuate. The rate should increase to 13.8 percent this year, up from last year's 13.4 percent, while next year should bring a slight drop to 13.6 percent.

Source: SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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