Slovak economy grows more than EU average

THE SLOVAK economy grew by 2.5 percent y-o-y in the third quarter after seasonal adjustment, according to a flash estimate by Eurostat.

THE SLOVAK economy grew by 2.5 percent y-o-y in the third quarter after seasonal adjustment, according to a flash estimate by Eurostat.

The Slovak economy grew by 0.6 percent in comparison with previous quarter after seasonal adjustment while second quarter grew also by 0.6 percent in comparison with the first. The eurozone average was 0.2 percent growth and by 0.3 percent EU-wide in a q-o-q comparison, the SITA newswire reported.

The volume of GDP at current prices in the three quarter of 2014 reached €19,854.8 million what represented the increase by 2.3 percent in comparison with the same period of the last year, according to Statistics Office (ŠÚ).

Total employment in the reference period reached 2.2 million persons. In comparison with the same period of the year 2013 it increased 1.4 percent. Seasonally-adjusted total employment rose by 1.5 percent as compared to the three quarter of 2013 and by 0.3 percent as compared to the previous quarter, ŠÚ reported.

Source: SITA, ŠÚ, Eurostat

Compiled by Roman Cuprik 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

Murder of journalist: How did Ján and Martina die?

Journalists working with Ján Kuciak described how he and his fiancée, Martina Kušnírová, were killed.

People still remember Ján Kuciak and Martina Kušnírová.

The murder of journalist changed Slovakia, but not all of it

There are still people who continue as if it’s business as usual.

Illustrative stock photo

What are the best employee benefits? Ask your employees

Salaries and a good company atmosphere, not benefits, keep people loyal.

Parking as a benefit it popular among employees.

UPDATED: Protest gatherings will return to Slovakia one year after the murders of Kuciak and Kušnírová

The gatherings will be held under the slogan “We won’t forget! We will continue!”.

November 16 gathering in Bratislava