Bratislava City Report Q3 2022
Key market findings
Experts from Oxford Economics have cut their Slovak GDP forecast substantially for this year and next, based on the rapidly worsening external environment. They now see the economy growing 1.5% this year and only 0.6% in 2023, down 0.1ppt and 1.6ppts, respectively, from three months ago. The economy likely entered a recession in Q3, which will last to Q1 2023.