Autor: ‘Ján Tóth’
Fiscal Deficit at 2.3% of GDP in August (last 12m), expected to worsen to 4% by December
According to the drafted numbers, structural budget deficit is expected to worsen by 0.7% of GDP in 2001
Low fiscal policy credibility and unsustainab
SLOVAK KORUNA REVISITED
Optimal currency basket confirmed at 100% euro Introducing the central bank’s informal basket – interventions between index values of 1.025-1.012 The central bank’s intervention threshold probably changed from Sk41.5/E
UNDERLYING DEMAND-PULL INFLATION STILL VERY LOW
Headline CPI flat at 8.6% on higher food but lower fuel prices
Targeted Core CPI (inc. food) down from 4.9% to 4.8%
Ex-food ex-fuel Core CPI (a proxy for demand-pull inflation) is running at annualised 2.7% recently
KURZY
28. 2. 2025
| USD | 1,041 |  0,007 |
| CZK | 25,029 |  0,042 |
| GBP | 0,826 | 0,001 |
| HUF | 399,500 | 0,070 |
| CAD | 1,502 | 0,002 |
TOP TÉMY
SPOLUPRÁCA
ŠKOLENIA