Slovak economy growth slows in Q3

Figures

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Slovakia's gross domestic product (GDP) advanced 1.3% year-on-year in the third quarter of 2021, matching preliminary estimates, and following a 9.6% growth in the previous three-month period, data from the Slovak Statistical Office (SÚSR) showed on Friday.

It was the third consecutive quarter of economic expansion, but at a weaker pace, amid fading low-base effects from the pandemic shock last year.

On a seasonally adjusted quarterly basis, the economy rose 0.4%, following a 1.9% increase in the second quarter of 2021.

The economy remains 0.7% below the pre-pandemic level.

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