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Analysts confirm this year’s GDP growth at 2.5 percent

BANK analysts have not changed their prediction for economic growth for this year. This means the country’s GDP should rise by 2.5 percent, the August survey carried out by the National Bank of Slovakia (NBS) among commercial bank analysts showed.

BANK analysts have not changed their prediction for economic growth for this year. This means the country’s GDP should rise by 2.5 percent, the August survey carried out by the National Bank of Slovakia (NBS) among commercial bank analysts showed.

Compared to the previous month, analysts changed their prediction for next year from 3.1 to 2.9 percent, the SITA newswire reported on August 26.

The analysts also changed their expectations for this year’s harmonised inflation as well as inflation measured using the national methodology. They predict inflation will stand at 0.7 percent, down from 1.1 percent predicted in the July survey.

Expectations remain the same for next year’s harmonised inflation, which should accelerate to 2 percent. The increase in consumer prices measured with the national methodology, however, changed, and analysts predict it will reach only 1.9 percent, down by 0.1 percentage points compared to July, SITA wrote.

Source: SITA

Compiled by Radka Minarechová from press reports

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