TITLE

2004-05: Domestic Demand To Recover

PUB. DATE
May 2004
SOURCE
Emerging Europe Monitor: Central Europe;May2004, Vol. 11 Issue 5, p6
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
Early 2004 wage and retail sales data provide tentative evidence that the expected recovery in domestic demand is indeed beginning to materialise in Slovakia. This is particularly encouraging given that export growth, which was virtually the sole driver of Slovakia's region-topping economic expansion in 2003, is likely to cool this year, to a large extent due to the unflattering base for comparison. Business Marketability Index retains its view that domestic demand should experience a revival in 2004 sufficient to outweigh the likely deterioration in the external accounts, thereby allowing the economy to continue to grow at a healthy rate.
ACCESSION #
12907415

 

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