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Economics

Unemployment rate keeps decreasing

Developments for improving rates even more are planned, says minister. Compiled by Spectator staff ,20. Mar 2017, at 14:00

Labour Minister Ján Richter

Firms will get grades for reliability starting 2018

The Financial Administration (FS) has been preparing a chart grading the reliability of Slovak companies that will help them fine-tune rules. Compiled by Spectator staff ,16. Mar 2017, at 13:57

František Imrecze, head of the Financial Administration

Government approves longer list of bank holidays

In an attempt to drive shopaholics out of the shops and to offer more days off to shop assistants, the government approved an extension to the list of public holidays on which the doors of shops and supermarkets… Compiled by Spectator staff ,16. Mar 2017, at 13:50

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Employment in Slovakia increases compared to eurozone average

The number of people employed in the eurozone in the last quarter of 2016 compared to the previous quarter increased by 0.3 percent, but Slovakia fared even better in this period of time. Compiled by Spectator staff ,15. Mar 2017, at 22:47

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Industrial production drawn by energy supplies and mining

The production of industrial firms in Slovakia increased significantly, similarly to the sentiment in the whole sector. Compiled by Spectator staff ,14. Mar 2017, at 22:12

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Inflation exceeded expectations

The rise in consumer prices in February was impacted by transport and food. Compiled by Spectator staff ,14. Mar 2017, at 13:26

Slovaks buy more home-grown food.

Foreign trade in surplus again

Both imports and exports rose in January, statistics show. Compiled by Spectator staff ,13. Mar 2017, at 14:03

The automotive industry is currently among the leaders in technology.

Stats Office: Total employment up 2.8 percent y-o-y

The growth of the national economy last year contributed to the growth in employment in Slovakia. Compiled by Spectator staff ,8. Mar 2017, at 13:44

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Average wage stood at €912 last year

The highest salaries are in the ICT sector, the lowest in services. Compiled by Spectator staff ,7. Mar 2017, at 22:28

Žiga: We can cooperate with Iran in peaceful use of nuclear energy

Slovakia and Iran could cooperate in the peaceful use of nuclear energy, Slovak's visit to the latter country shows. Compiled by Spectator staff ,7. Mar 2017, at 14:04

Slovak Economy MInister Peter Žiga

Slovak economy grew at 3-percent pace in Q4 2016

The pace of growth of the Slovak economy slowed down by the end of 2016, the Slovak Statistics Office (ŠÚ) found in its recent report. Compiled by Spectator staff ,7. Mar 2017, at 13:51

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New levy to raise insurance premiums

Rates may rise only marginally for some types of insurance, but others could increase by 15 percent or more, experts say. Peter Adamovsky ,7. Mar 2017, at 6:30

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Economic sentiment continues rising

It achieved its highest level in the past six years. Compiled by Spectator staff ,28. Feb 2017, at 13:44

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Economy boosted by demand

GDP grew slightly less than in 2015, mostly due to lower use of EU funds. Radka Minarechová ,15. Feb 2017, at 16:03

Household consumption improved.

Inflation continues rising

Consumer prices were impacted by food and fuels, but also by changes to regulated energies. Compiled by Spectator staff ,15. Feb 2017, at 13:43

EC downgrades its growth prediction

The change is caused mostly by falling investments. Compiled by Spectator staff ,13. Feb 2017, at 22:50

The construction site

Industrial output up in December

Slovakia’s industrial output went up in December 2016, statistics show, with the energy sector and automotive industry strengthening output, while some other branches weakened it. Compiled by Spectator staff ,13. Feb 2017, at 14:02

Fitch believes in the power of Slovak economy

Slovakia seems to have a good rating, with a stable outlook and several criteria in its favour, the international rating agency found recently. Compiled by Spectator staff ,13. Feb 2017, at 13:52

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Foreign trade recorded negative balance in December

Statistics were impacted mostly by weaker production and Christmas sales. Compiled by Spectator staff ,8. Feb 2017, at 13:54

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FinMin downgrades growth forecast for this year

But in following years, the economy should accelerate, mostly thanks to car production, state analysts say. Compiled by Spectator staff ,7. Feb 2017, at 13:32

The automotive industry is the driving force of the industrial production in Slovakia.

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