The expansion of the Slovak economy was strongly supported by a 2.1% increase in domestic demand, with household consumption growing 4.1%, while gross capital formation grew by 5.7%.
On the other hand, government expenditure fell by a sharp 7.2%, while foreign demand continued to decline in the second quarter.
On a seasonally adjusted quarterly basis, the economy expanded by 0.5%, advancing from the 0.4% growth in the previous quarter and revised upwards from the preliminary reading of 0.4%.
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