Industrial output in Slovakia increased by 3.1% year-on-year in December 2018, affected by a 4.1% increase in industrial manufacturing, and a 1% decrease in supplies of electricity, gas, steam and air-conditioning, the Slovak Statistics Office report
OECD forecasts 4.5% GDP growth this year, as significant new capacity in the automotive sector boosts exports.
Slovakia´s unemployment rate reached 5.04% in December 2018, down by 0.05 percentage points (pp) from November and by 0.90 pp year-on-year, according to data published by the Labour, Social Affairs and the Family Centre on January 21. Slovakia´s Labo
Defeat of Theresa May’s deal in UK parliament raises the risk of a no deal Brexit which would have damaging consequences for the economies of Central, Eastern and Southeast Europe.
Part-time workers were disproportionately affected by pay delays, with 22% saying they had received late pay, compared to 14% of full-time workers.