Slovakia ́s industrial production recorded a year-on-year decline of 8.1% in August, the biggest drop since 2012, mostly due to a 9.5% decrease in industrial manufacturing, following a 2.8% increase in July, the Slovak Statistical Office (SSO) announ
Czech unemployment remained at 2.7% for the third consecutive month in September, data from the Labour Office of the Czech Republic released on October 8 shows .
The output of Hungary's industrial sector edged up 0.3% y/y in August, slumping from 12% growth in the previous month, the statistics office KSH said, as growth in the automotive segment slowed significantly.
CPI expansion was driven by prices growing 3.2% y/y in the food and non-alcoholic beverages segment, a slowdown against the growth of 4.6% y/y the preceding month.
Czechia’s IHS Manufacturing Purchasing Managers Index (PMI) remained at its lowest level since 2009, at 44.9 points in September, the same level as it posted in August, making it the tenth consecutive month of contraction, according to IHS Markit dat
Slovakia’s National Bank (NBS) confirmed analyst’s expectations and worsened the country's economic growth outlook for 2019 and 2020 to 2.5% and 2.4%, respectively
Slovakia ́s registered unemployment rate stood at 4.97% in August, remaining unchanged month-on-month, dropping by 0.45 percentage points (pp) year-on-year, announced by the Labour, Social Affairs and Family Centre on September 23.
While below market expectations, the expansion in August is still in line with Poles’ robust consumer spending that is driven by the good situation on the labour market, low unemployment and growing wages in particular.
Car manufacturing and output in the refining industry drove the contraction, which was not anticipated by analysts.
Slovakia's GDP growth is expected to slow to 2.4% year-on-year in 2019, according to the latest prognosis published by the Finance Ministry
Slovakia ́s industrial production accelerated by 2.8% year-on-year in July, recovering from June ́s drop by 1.9%, the Slovak Statistics Office reported on September 10.
Slovakia ́s inflation slowed in August, reaching 2.8% year-on-year, after a 2.9% growth in July, with core inflation amounting to 2.4% and net inflation to 1.6%, based on data reported by the Slovak Statistics Office on September 13.