News on Slovakia's economy and employment

Price of goods increased more slowly than expected

Vegetables are more expensive and fruit is cheaper in comparison with last year.Compiled by Spectator staff, 14. Mar 2019, at 23:08

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Carmakers were the most significant producers in January

If it were not for the automotive sector, Slovak industrial production would fall says analyst.Compiled by Spectator staff, 12. Mar 2019, at 0:42

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EC: Slovakia lags in several fields

EC critical of regional differences, quality of public institutions, education, science and research.Compiled by Spectator staff, 28. Feb 2019, at 13:52


After months of decrease, the unemployment rate rose in January

However, labour offices reported a record-high number of jobs available at the start of 2019.Compiled by Spectator staff, 20. Feb 2019, at 22:27

The long-term unemployed are finding it difficult to find work.

INESS: The new levy on retailers costs households €50 million

People are expected to pay more for food in March.Compiled by Spectator staff, 20. Feb 2019, at 13:54

Economic growth was disappointing at the end of the year

Statistics Office estimates that Slovakia’s GDP grew by 3.6 percent in the final quarter of 2018.Compiled by Spectator staff, 14. Feb 2019, at 23:44

Jaguar Land Rover plant in Nitra

Jaguar Land Rover helped Slovakia's industrial production grow

But the industrial sectors are expected to slow down in the following months, except for the car industry.Compiled by Spectator staff, 12. Feb 2019, at 13:22

New plant of Jaguar Land Rover in Nitra

FinMin analysis: Slovakia is behind its cyclic growth peak

The ministry has revised its growth prognosis downwards, pointing mostly to development abroad.Compiled by Spectator staff, 5. Feb 2019, at 14:05

Finance Minister Peter Kažimír

Over 1,000 company and institutional contacts

Obtain a database of important contact details in Slovakia.Compiled by Spectator staff, 5. Feb 2019, at 10:23

December inflation surprised analysts

Price have gone up on a year-on-year basis, but decreased in December.Compiled by Spectator staff, 16. Jan 2019, at 14:15

Analyst: Foreign trade balance a bit disappointing in November

Among the risks for foreign trade development is the threat of trade war between the EU and the US, and hard Brexit scenario.Compiled by Spectator staff, 10. Jan 2019, at 12:59

The new Jaguar Land Rover plant in Nitra

The prices of fruit fell the most in October

But the prices of fuels continued increasing.Compiled by Spectator staff, 15. Nov 2018, at 13:59

Fruit and vegetable prices went up the most in January 2019.

Summer economic growth came as a pleasant surprise

It has been the fastest quarterly growth since 2015, observers say.Compiled by Spectator staff, 15. Nov 2018, at 0:30

Automotive and engineering production are at a similar level

Other sectors are not faring very well.Compiled by Spectator staff, 12. Nov 2018, at 13:32

Jaguar Land Rover plant in Nitra

Slovakia’s middle class is the richest in the world

The number of Slovaks owning property is higher than anywhere else.Compiled by Spectator staff, 6. Nov 2018, at 13:53

IMF worsens Slovakia’s GDP growth prediction

The International Monetary Fund predicts a slight drop in the country’s economic growth for both 2018 and 2019.Compiled by Spectator staff, 9. Oct 2018, at 21:56

IMF building in Washington, DC.

Slovakia recorded negative trade balance in August 2018

Analyst: The real deficit has been smaller than originally expected, however.Compiled by Spectator staff, 9. Oct 2018, at 13:22

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Slovakia’s GDP grew by 4.1 percent y/y in Q2 2018

Analysts see this increase as positive and exceeding expectations but expect growth to slow down.Compiled by Spectator staff, 14. Aug 2018, at 14:12

Jaguar Land Rover plant near Nitra

The share of people in material need drops

Most people relying on benefits for those in material need live in the south and east of Slovakia, while the fewest can be found in the capital.Compiled by Spectator staff, 24. Jul 2018, at 15:36

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Analyst sees an end in unemployment rate decline

The decline was slowest in five years in May, with analyst suggesting that cyclical recovery is coming to an end.Compiled by Spectator staff, 20. Jun 2018, at 13:14

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