Macro - Country Economic Forecasts - Slovak Republic
We estimate the Slovak economy expanded by a solid 2.0% this year, above the eurozone average. But the latest data are less optimistic, with the growth structure becoming increasingly vulnerable. Consumer spending has lost momentum, fixed investment is also weak, and the government has started the needed fiscal consolidation. We expect the economy will grow 1.8% next year. But risks skew to the downside if external demand fails to pick up.
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