Home / Forex Analysis / Slovakia Economic Growth Improves In Q4

Slovakia Economic Growth Improves In Q4

Slovakia’s economy grew at a faster pace in the fourth quarter of 2019, preliminary data from the Statistical Office of the Slovak Republic showed on Friday.

Gross domestic product grew a seasonally adjusted 0.6 percent from the third quarter, when it rose 0.4 percent.

The economy grew 0.6 percent and 0.3 percent in the first and second quarters, respectively.

GDP grew a seasonally adjusted 1.9 percent year-on-year in the fourth quarter after a 1.7 percent increase in the previous three months.

On a non-seasonally adjusted basis, GDP rose 2.1 percent year-on-year after a 1.3 percent climb in the previous quarter

The material has been provided by InstaForex Company – www.instaforex.com