Peter Kazimír, the central bank governor, announced that the Slovak economy is expected to grow by 1.2% in 2025, down from a previous forecast of 1.9%. Inflation is projected to be around 4% due to a higher VAT rate. Horváth Mihály noted that inflation may decrease to around 2% next year due to low demand. The economic slowdown is attributed to geopolitical conditions and the impact of the Trump administration's trade policies. The labor market is also affected, with an increase in unemployment expected, particularly in the industrial sector. Despite nominal wage growth, it is slower than last year, and further consolidation measures are deemed necessary to avoid exceeding a 5% budget deficit. Teljes cikk (Világgazdaság)