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Analysts Increase Estimate for 2010 GDP Growth to 4.1 percent
Friday 24 September 2010 Zoom in | Print page
Bratislava, September 24 (TASR) - The bank analysts that are regularly approached by Slovakia's central bank (NBS) for their predictions have increased their estimates for the country's GDP growth in 2010 to 4.1 percent year-on-year in fixed prices, TASR learnt on Friday.
The latest assessment represents a 0.1-percentage point increase on the figure expected in August.
The central bank itself and the Finance Ministry are more pessimistic in their assessments, however, with NBS expecting 3.7-percent GDP growth in 2010 (according to a prognosis made in June). The Finance Ministry in its latest prognosis in September increased its estimate from 3.2 percent y-o-y to 4 percent y-o-y.
Meanwhile, the analysts also expect smaller consumer-price increases. Inflation according to national methodology is expected to reach 1.8 percent y-o-y at the end of the year, as opposed to August's assessment of 2 percent. Meanwhile, EU-harmonised inflation should reach 1.7 percent y-o-y this year. The forecasts in August averaged 1.8 percent.
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