Growth To Slow To 7.0% In 2008

April 2008
Emerging Europe Monitor: Central Europe & Baltic States;Apr2008, Vol. 15 Issue 4, p8
Country Report
The article provides an economic outlook for Slovakia in 2008. Business Monitor International (BMI) is holding to its original forecasts for real GDP growth to increase by 6.9 percent this year, followed by steady declines to 4.5 percent in 2012. The stockpiling of cigarettes and tobacco at the tail-end of last year is expected to impact growth levels in the present year as consumption of the product drops off and base effects weighs on the headline real GDP expansion figure in the fourth quarter especially.


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