BRATISLAVA, March 25, (WEBNOVINY) – Bank analysts’ outlooks regarding economic growth and inflation in Slovakia this year remain stable in March. 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. Next year, the growth pace of the Slovak economy should accelerate to 4.5 percent.
The banks have, however, moderately increased their estimate of this year’s growth of consumer prices. Harmonized inflation is expected to reach 3.8 percent, compared with 3.7 percent from a month ago. This stems from the March round of a regular survey of the National Bank of Slovakia (NBS) among analysts of commercial banks.
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
