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Economics

News on Slovakia's economy and employment

Unemployment drops in all regions

The labour minister would like to see the unemployment rate drop below 5 percent this year. Compiled by Spectator staff ,19. Apr 2018, at 13:30

Nearly 2,500 companies relocated from Slovakia

Most of them moved to neighbouring countries, consultancy company finds. Compiled by Spectator staff ,18. Apr 2018, at 13:45

Budgetary council estimates 61 percent of Slovak employees received bonuses

The timing of bonuses being paid differs between the private and public sectors. Compiled by Spectator staff ,10. Apr 2018, at 13:39

Illustrative stock photo

NBS: Slovakia's economic growth prediction worsens mildly

Compared to the previous forecast, there were only slight adjustments related to the lower prices of oil and food, and to stronger foreign demand. Compiled by Spectator staff ,28. Mar 2018, at 0:04

The construction site of Jaguar Land Rover near Nitra. Postponing the carmaker's produciton launch will impact the national economy.

Unemployment rate reaches historical minimum in Slovakia

The unemployment rate, which stands at 5.72 percent, is the lowest it has been since the modern Slovak Republic came into existence. Compiled by Spectator staff ,20. Mar 2018, at 22:58

Illustrative stock photo

Inflation in Slovakia slowed down in February

This was caused by the correction of food prices, according to analyst. Compiled by Spectator staff ,14. Mar 2018, at 13:44

Vegetables, illustrative stock photo

Unemployment rate hits new low

The unemployment rate in Slovakia has been declining since summer 2016 while the number of economically active people has grown. Compiled by Spectator staff ,20. Feb 2018, at 22:48

Illustrative stock photo

Slovakia’s construction sector drops the most in the EU

However, in the following months, construction in Slovakia should benefit from new projects like the Bratislava ring road project. Compiled by Spectator staff ,20. Feb 2018, at 21:18

Inspections show Svrčinovec-Skalité D3 stretch will be delayed by six months.

State will collect more on taxes

The Finance Ministry’s analytical body improved its forecast due to current tax and levy revenues as well as a new macroeconomic prognosis. Compiled by Spectator staff ,15. Feb 2018, at 12:44

Illustrative stock photo.

Slovak economy slightly accelerated by end of 2017

The flash estimate of the GDP by the Slovak Statistics Office shows it increased mildly compared y-o-y, as well as against the previous quarter. Economic growth was slightly higher than foreseen by commercial bank… Compiled by Spectator staff ,14. Feb 2018, at 13:47

Slovakia is already home to three carmakers while the fourth one is building a new plant.

Slovakia benefits from labour market and private investments

Slovakia will fare better than the European Commission originally expected. Compiled by Spectator staff ,8. Feb 2018, at 12:59

Slovakia is already home to three carmakers while the fourth one is building a new plant.

Slovakia’s economic outlook seems bright this year

The country’s GDP growth is expected to accelerate, mainly due to household consumption, exports and private investment. Compiled by Spectator staff ,6. Feb 2018, at 13:57

Car production is important puller of Slovak economy, illustrative stock photo

Businesses see outlook of Slovakia’s economy as positive

The challenge for the country’s economy will mainly be support for science, research and education. Compiled by Spectator staff ,24. Jan 2018, at 13:15

Many businesses complain about red tape, illustrative stock photo.

Foreign trade grew at a surprising pace in November 2017

Lower imports only stressed foreign trade surplus for last November, causing a surprising result, macro-economic analyst opines. Compiled by Spectator staff ,9. Jan 2018, at 14:18

The automotive industry, illustartive stock photo

Slovak economy should sustain solid growth momentum in 2018

The challenges are ageing and the lack of a labour force.Zdenko Štefanides27. Dec 2017, at 8:00

Demand inflation and increase in prices affected inflation in November

Apart from food prices which continue accelerating inflation, demand inflation and price of fuel were added in November. Compiled by Spectator staff ,13. Dec 2017, at 13:45

Food prices influenced core inflation.

Registrations of newly self-employed in Slovakia reach record numbers

In the course of 2017, the number of new licenses for the self-employed grew by many thousands, mostly in the construction industry. Compiled by Spectator staff ,13. Dec 2017, at 6:53

The self-employed, illustrative stock photo

Analysts: Households and investments increased Slovak GDP

The economy is expected to continue growing. Compiled by Spectator staff ,6. Dec 2017, at 14:00

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European institutions agreed to ban on unjustified geo-blocking

In some defined cases, merchants will and online shops will not be allowed to require consumers to pay with a debit or credit card issued in another country; this means discrimination by online shops based on a… Compiled by Spectator staff ,22. Nov 2017, at 1:09

Dušan Chrenek

2017 summer season beat last year by number of tourists

A total of 3.71 million guests were accommodated in Slovakia between January and August 2017. Compiled by Spectator staff ,22. Nov 2017, at 1:02

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