BRATISLAVA, February 25, (WEBNOVINY) – Bank analysts’ outlooks regarding economic growth and inflation in Slovakia this year remain stable in February. According to the banks, Slovak economy should grow by 3.6 percent of the gross domestic product (GDP) this year. Analysts predicted the same growth a month ago. This year’s growth of consumer prices remains unchanged, too. Harmonized inflation is still expected to reach 3.7 percent, according to the February round of a regular survey of the National Bank of Slovakia (NBS) among analysts of commercial banks.
The growth pace of consumer prices is to gradually accelerate from January’s 3 percent to 3.4 percent in February. If the expectations come true, it will be the fastest growth of consumer prices in Slovakia since the end of 2008.
Prognoses of banks in Slovakia of economic growth this year are better than expectations of the central bank and the Finance Ministry. According to latest prognoses of the NBS from December 2010, the economy is expected to boost by three percent. The Finance Ministry moderately increased its estimate of economic growth in 2011 in the February revision of macroeconomic prognoses from 3.3 percent to 3.4 percent.
SITA
