Spectator on facebook

Spectator on facebook

Slovakia’s GDP rose by 3.1 percent in Q1 2012; employment up 0.6 percent

Slovakia’s Statistics Office released its flash estimate of the country’s GDP for the first quarter of 2012 on May 15 and reported real GDP increased by 3.1 percent compared to the same quarter in 2011. After seasonal adjustment, GDP rose by 3.2 percent compared to the first quarter of 2011 and by 0.8 percent in comparison with the fourth quarter of 2011. GDP in current prices in the first quarter of 2012 reached €16.558 billion, an increase of 4.5 percent compared to last year’s first quarter.

Slovakia’s Statistics Office released its flash estimate of the country’s GDP for the first quarter of 2012 on May 15 and reported real GDP increased by 3.1 percent compared to the same quarter in 2011. After seasonal adjustment, GDP rose by 3.2 percent compared to the first quarter of 2011 and by 0.8 percent in comparison with the fourth quarter of 2011. GDP in current prices in the first quarter of 2012 reached €16.558 billion, an increase of 4.5 percent compared to last year’s first quarter.

Total employment in the quarter was 2,212,200 people and had increased by 0.6 percent from the first quarter of 2011. Seasonally adjusted total employment rose by 0.7 percent in the first quarter of 2012 compared with the first quarter of 2011 and by 0.2 percent compared to the previous quarter.

These flash estimates of gross domestic product and total employment will be updated and reported again on June 6.

Source: Statistics Office of the Slovak Republic

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

Top stories

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár