Financial News: Slovakia GDP Growth Accelerates To 1.8%

Slovakia GDP Growth Accelerates To 1.8%

02/14/2025 - 08:34:00 (RTTNews)

(RTTNews) - Slovakia's economic growth improved in the three months ending December, flash data from the Statistical Office of the Slovak Republic showed on Friday.

Gross domestic product grew an unadjusted 1.8 percent year-over-year in the fourth quarter, following a 1.2 percent rise in the third quarter.

The accelerated growth in the fourth quarter was mainly supported by domestic demand, namely the final consumption of households and public administration, the agency said.

On a seasonally adjusted basis, the annual GDP growth held steady at 1.7 percent.

On a quarterly basis, GDP advanced 0.5 percent versus a 0.3 percent rise in the third quarter.

Data showed that employment remained flat compared to the prior quarter, while it dropped by 0.2 percent annually in the December quarter.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Moldova GDP Falls Further In Q4 (01 hr(s), 46 min(s), 22 sec(s) ago)
(RTTNews) - The Moldovan economy shrunk for a second straight quarter in the final three months of ...Full Story»

Croatia Prices Rise More Than Expected In February (02 hr(s), 06 min(s), 22 sec(s) ago)
(RTTNews) - Consumer prices in Croatia rose more than initially expected in February, but the rate ...Full Story»

U.S. Business Inventories Rise In Line With Estimates In January (02 hr(s), 50 min(s), 22 sec(s) ago)
(RTTNews) - Business inventories in the U.S. increased in line with economist estimates in the mon ...Full Story»

U.S. Homebuilder Confidence Slumps To Seven-Month Low In March (03 hr(s), 25 min(s), 22 sec(s) ago)
(RTTNews) - A report released by the National Association of Home Builders on Monday showed a cont ...Full Story»

New York Manufacturing Activity Drops Significantly In March (03 hr(s), 41 min(s), 22 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Monday showing regional manu ...Full Story»

U.S. Retail Sales Rebound In February But Much Less Than Expected (03 hr(s), 44 min(s), 22 sec(s) ago)
(RTTNews) - After reporting a notable decrease by U.S. retail sales in the previous month, the Com ...Full Story»

Bulgaria Inflation Rises To 4.0%, Highest In 14 Months (04 hr(s), 48 min(s), 22 sec(s) ago)
(RTTNews) - Bulgaria's consumer price inflation accelerated further in February to the highest ...Full Story»

New York Manufacturing Index Plunges Much More Than Expected In March (05 hr(s), 15 min(s), 22 sec(s) ago)
(RTTNews) - The Federal Reserve Bank of New York released a report on Monday showing regional manu ...Full Story»