Slovenia Industry


Industrial production contracts again in December

In December, industrial production declined a working day-adjusted 1.2% over the same month the previous year, which followed the 3.6% contraction observed in November. The print mainly reflected a fall in mining and quarrying as well as in manufacturing output.

On a month-on-month seasonally-adjusted basis, industrial output rose 2.7% in December, which contrasted the 4.0% drop seen in November.

In the full year 2012, industrial production rose a soft 0.4%, which was well below the 2.8% expansion tallied in 2011.

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Slovenia Industry Chart

Slovenia Industry December 2012

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Statistical Office of the Republic of Slovenia (SORS) and FocusEconomics calculations.

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