Slovakia: Flash 2Q08 GDP estimate slowed down to 7.6% y/y, matching expectations |
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- Statistical Office published flash GDP estimate for 2Q08. The annual economic growth reached 7.6%, matching our forecast and market consensus. Seasonally adjusted, the growth stood at 8.0%. The final figure is set to be released on September 3 but it uses to be close to the flash estimate. - The GDP structure will also be released only at the beginning of September. We assume that both domestic demand and net export contributed to the economic growth. We think that the slowdown compared to
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