Slovak Economy Is Losing Momentum

BusinessEconomy ♦ Published: February 14, 2013; 13:22 ♦ (Vindobona)

Flash estimate of Gross domestic product and Total employment in the fourth quarter of 2012: economic growth and employment are declining.

Slovak Economy Is Losing Momentum / Picture: © Vindobona.org

In the fourth quarter of 2012 the Gross domestic product (GDP) at constant prices increased by 0,7 % as compared to the same quarter of 2011. After seasonal adjustment GDP rose by 1,2 % as compared to the fourth quarter of 2011 and by 0,2 % in comparison with the previous quarter.

The volume of GDP at current prices in the fourth quarter of 2012 reached 18 212 million EUR…