In January, industrial production expanded 4.4% over the same month last year. The increase followed the 5.2% expansion recorded in December and marked the third consecutive positive reading. According to the statistical office, January's increase mainly reflects a healthy expansion in mining and quarrying as well as an increase in manufacturing output. In addition, electricity, gas and water supply rebounded in January. On a monthly basis, industrial output increased a seasonally-adjusted 0.6% in January, which followed the 2.7% rise tallied in the previous month. Meanwhile, annual average growth in industrial production edged up from minus 0.7% in December to minus 0.1% in January, marking the highest level since August 2012. FocusEconomics Consensus Forecast panelists expect industrial production to expand 1.4% this year, which is unchanged over last month's Consensus. For 2015, the panel sees industrial output growth accelerating to 2.3%.
Industrial production posts robust growth in January
March 25, 2014
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Slovenia Industry Chart
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.
Slovenia Economic News
October 17, 2016
Industrial production in August expanded 5.9% from the same month last year, decelerating from the revised 7.0% expansion in July (previously reported: +7.4% year-on-year).
September 30, 2016
In September, consumer prices edged up 0.1% from the previous month, which was above the flat growth recorded in August.
September 22, 2016
GDP expanded 2.7% in the second quarter over the same quarter of the previous year.
September 9, 2016
Industrial production in July expanded 7.4% over the same month last year, accelerating from the revised 6.3% expansion in June (previously reported: +6.1% year-on-year).
September 7, 2016
In August, consumer prices did not change over the previous month.