In July, industrial production grew a working-day adjusted 1.9% over the same month last year, which marked a deceleration over the 2.6% expansion recorded in June. According to the statistical office, weaker growth in manufacturing and a slowdown in electricity, gas and water supply, were the main drivers behind the monthly reading. A month-on-month comparison showed a sharper deterioration than the slowdown suggested by the annual figures, as industrial output contracted a seasonally adjusted 2.3% in July, which contrasted the 2.7% expansion observed in June. Despite the subdued July print, the trend maintains its upward momentum, with annual average growth in industrial production inching up from 0.2% in June to 0.3% in July.
Industrial production decelerates in July
September 10, 2012
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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.