Slovak economy up by 4.3 percent in 2018

The Slovak economy should grow by 3.4 percent this year and by 4.3 percent next year. According to the latest medium-term forecast of the Slovak central bank (NBS), it should further accelerate to 4.7 percent in 2019. The central bank thus improved the growth estimate of the Slovak economy for this year and the next couple of years by 0.1 percentage points each. Inflation for 2017 is expected to stand at 1.4 percent. It should reach 2.4 percent next year and is estimated at a level of 2 percent in 2019.