Slovakia's GDP down

Slovakia's GDP down

Slovakia's economy fell in the first quarter of 2020, with the Gross Domestic Product (GDP) in fixed prices going down by 3.9% in year-on-year (y-o-y) terms, the Slovak Statistics Office reported on Friday. After seasonal adjustments, GDP in the first quarter of 2020 posted a real drop of 4.1% y-o-y, while it decreased by 5.4% compared to the final quarter of last year.

Mojmir Prochazka, Photo: AP/TASR