Bratislava City Report Q3 2019

Export volumes decreased by 1.8% y-o-y and fixed investments fell by 3.7% y-o-y. Nevertheless, rising government and private consumption enabled to keep a positive GDP growth (2.6%). Oxford Economics expects the final domestic demand to grow by ca. 3% p.a. in 2019-2020.

Industrial output plunged by 8.5% y-o-y in August. It was the biggest drop in 3 years, mostly resulting from nearly 15% decline in the production of transport equipment. Despite the positive summer figures, the extent of this reduction surprised negatively.

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