wiiw Forecast Reports
SLOVAKIA: Automotive industry propping up growth, but for how long?
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in: Beneath the Veneer of Calm
wiiw Forecast Report No. Autumn 2023, October 2023 , pp. 125-128
In H1 2023, Slovak GDP grew by 1.3% – far better than expected. On the one hand, the important automotive sector supported export growth; on the other, the persistently high inflation deterred household consumption and dragged down GDP growth. Major uncertainties prevail and could dampen future growth.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Slovakia