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Economic growth is accelerating and inflation is falling

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Economic growth is accelerating and inflation is falling

Good day,

Slovak economic growth will exceed two percent this year and will reach approximately three percent of gross domestic product next year, inflation will fall sharply and wages will continue to grow significantly.

Although the National Bank of Slovakia is less optimistic than at the end of last year, the overall trend is clearly positive. It was also confirmed by the March figures on business activity in the eurozone, which improved after 10 months.

Another piece of good news is three new investments in the production of parts for electric cars.

Today’s Economic Newsfilter has approximately 900 words, you need 4 minutes to read it. Prepared by Ján Kováč.

1. Slovakia will more easily reorient to the production of electric cars

The Slovak automobile industry will probably be strengthened by three significant investments, which will facilitate its change of orientation to electric models.

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