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Slovakia GDP Growth Improves In Q1

Slovakia's economy grew at a faster pace in the first quarter of the year, after slowing in the previous three months, preliminary estimates from the Statistical Office of the Slovak Republic showed on Wednesday.

Gross domestic product rose a non-seasonally adjusted 3.7 percent year-on-year following a 3.6 percent increase in the final three months of 2018.

On a seasonally adjusted basis, however, GDP growth slowed to 3.8 percent from 3.9 percent, slowing for a second straight quarter.

Compared to the previous quarter, GDP increased a seasonally adjusted 0.9 percent in the first three months of the year, following a 0.8 percent expansion in the fourth quarter of 2018.

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