Slovakia's GDP growth decelerated in 3Q19

Slovakia's GDP growth decelerated in 3Q19

Deceleration of GDP growth deepened even more in the third quarter of this year with GDP in fixed prices going up 1.3 percent, down 3.3 percentage points (p.p.) from the same period of last year, the Slovak Statistics Office reported on Thursday, adding that this was the lowest growth to be reported since 4Q13. Slovakia's GDP grew by 3.8 percent in the first quarter of this year and by 2.2 percent in the second quarter. In a quarterly comparison, real GDP growth in 3Q19 achieved 0.4 percent. GDP in current prices amounted to €24.56 billion, which is an increase of 3.4 percent year-on-year (y-o-y).

Zuzana Botiková, Photo: AP/TASR

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