BRATISLAVA, Dec. 22 (Xinhua) -- The Slovak economy will grow by 0.6 percent in 2026 and by 2.5 percent in 2027 and 2028, the News Agency of the Slovak Republic reported on Monday, citing the latest forecast from Slovakia's central bank.
Peter Kazimir, the central bank governor, said the bank has slightly revised upward the growth forecast despite the challenging period the Slovak economy is facing.
"Next year, our economy should grow by 0.6 percent. Supported by better developments abroad, but also by domestic demand, economic growth should subsequently accelerate to 2.5 percent in 2027 and 2028," said Kazimir, adding that exports will be supported by the expected ramp-up of car production.
"In the coming years, consumer price growth could stabilise between 2-3 percent," he added.
According to Michal Horvath, executive director of the central bank, the country's economic development is taking place in a highly uncertain environment.
"Energy prices for 2027 and 2028 remain a big unknown, which could also affect inflation and growth in those years," Horvath said.
