Economic growth is slowing down on the Slovak market. GDP growth came in at 0.7 percent in Q3, down from 0.9 percent the previous quarter, according to data published by the Slovak Statistical Office. Economic growth dropped to 3 percent from 3.8 percent in Q2, the slowest it’s been since Q4 2014. Market analysts were expecting 3.4 percent growth. Employment, however, was up 2.4 percent y-o-y in Q3. The Slovak National Bank is predicting 3.5-percent growth for 2016. The Finance Ministry is a bit more optimistic, predicting growth of 3.6 percent for the year.
