Slovakia's GDP growth has slowed in the 3Q19 with GDP in fixed prices increasing by 1.3%, down by 3.3 percentage points (pp) year-on-year, the lowest growth reported since 4Q13, said the Slovak Statistics Office on December 5.
Slovakia’s former prime minister and leader of the ruling Smer party Robert Fico has called for Slovakia’s investment gold, stored in the Bank of England, to be brought home.
The Slovakian Ministry of Economy has announced a subsidy scheme to promote the purchase of electric vehicles and increase their number on Slovakian roads next year.
Saxo Bank analyst John Hardy blames ECB policy for high inflation in Slovakia.
Slovakia's GDP increased by 1.3% year-on-year in the 3Q19, far below expectations, driven mainly by lower foreign demand. Growth increased by 1.8% y/y after seasonal adjustments, and by 0.4% quarter-on-quarter, according to preliminary data published