Slovak banks revise their GDP outlooks for next year

Slovakia’s banks have revised their prognoses for the country’s economic growth in 2013 from an average of 2.4 percent predicted in August to 2.2 percent, according to a survey among their analysts by the National Bank of Slovakia (NBS), the country’s central bank. Earlier this month the Finance Ministry and the NBS also reduced their GDP predictions for 2013, the SITA newswire reported.

Slovakia’s banks have revised their prognoses for the country’s economic growth in 2013 from an average of 2.4 percent predicted in August to 2.2 percent, according to a survey among their analysts by the National Bank of Slovakia (NBS), the country’s central bank. Earlier this month the Finance Ministry and the NBS also reduced their GDP predictions for 2013, the SITA newswire reported.

Bank analysts left their average prognosis for this year’s GDP growth unchanged, at 2.2 percent. In the third quarter of this year growth in Slovakia’s economy is expected to fall to 1.9 percent compared with the 2.8-percent growth reported in the second quarter.

Source: SITA

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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