Bratislava City Report Q4 2019

Slovakia’s GDP growth lost its momentum throughout 2019, reflecting weaker demand in key trading partners and problems affecting the export-dependent car sector. Oxford Economics sees export volume growth at 1.7% in 2019, down from over 5% in 2018.

CPI accelerated to 2.9% y-o-y in Q4 2019 following strong food prices. It has also been supported by healthy domestic demand and hikes in public sector wages. Oxford Economic expert expect the headline inflation rate to ease to an average 2.4% this year, from 2.7% in 2019.

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