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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Who will go to Court? Why the upcoming vote matters

The wrong people sitting in the Constitutional Court may dismantle rule of law step by step.

Brits living in Slovakia to have the same rights as Slovaks after Brexit

Slovakia's PM expects the UK to adopt the same approach.

American producer Timbaland posts a video of the little Slovak bassist

Justin Timberlake also dropped a line saying Áron is dripping sauce.

Áron Hodek

How much do Slovaks spend on alcohol?

Slovakia is one of 10 EU countries spending the most.