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Fast economic growth and outperforming labour market

Slovak economy will sustain a solid growth of 3.6 per cent this year, with private consumption and net export being the main drivers. The labour market will experience solid momentum with the creation of almost 50 thousand new jobs. Real wage growth will exceed the 3 per cent threshold for the second year in a row. Inflation will be recovering very slowly over the medium-term. Next year the economy will continue to grow at a robust pace of 3.5 per cent, despite a moderate impact of Brexit on the Eurozone economy.