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Commercial banks analysts expect growth at 2.5 percent

SLOVAKIA’S economy will grow at 2.5 percent this year, according to the analysts with the commercial banks who attended regular survey carried out by the National Bank of Slovakia (NBS). Their expectation did not change compared to last month, nor did the prediction for 2015 when they expect the economy to grow by 3.1 percent, the SITA newswire reported on July 28.

SLOVAKIA’S economy will grow at 2.5 percent this year, according to the analysts with the commercial banks who attended regular survey carried out by the National Bank of Slovakia (NBS). Their expectation did not change compared to last month, nor did the prediction for 2015 when they expect the economy to grow by 3.1 percent, the SITA newswire reported on July 28.

The June forecast had seen an increase of 0.1 percentage points for this and next year.

The analysts also said the harmonised inflation as well as the inflation measured by the national methodology will stand at 1.1 percent this year, down from their previous expectation of 1.2 percent. They kept the prediction for 2015 at 2 percent for both methodologies, SITA wrote.

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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