Slovenia Economic Outlook
August 27, 2019
The economy maintained a firm pace of expansion in the second quarter on a resilient external sector, defying the slowdown gripping the Eurozone. Exports kept pace from Q1 on strong overseas sales to non-EU countries, which compensated for the downturn in exports to trading partners in the Euro area. Moreover, buoyant tourist arrivals supported export growth in the quarter. On the other hand, domestic demand metrics showed signs of a further slowdown in Q2. Retail sales decelerated throughout the quarter, which, coupled with a fall in consumer confidence, signals private consumption lost steam in the period despite some employment gains. In addition, a drop in business confidence in the quarter hints that fixed investment growth lost ground from the first quarter.Slovenia Economic Growth
Weaker domestic demand and challenging external conditions are expected to weigh on this year’s outturn. Fixed investment growth is seen moderating amid less upbeat business confidence, while slower growth in key trading partners will limit export performance. That said, greater employment gains and continued wage growth should shore up household spending and cushion the slowdown. FocusEconomics analysts expect growth of 3.3% in 2019, which is unchanged from last month’s forecast, and 2.9% in 2020.Slovenia Economy Data
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Slovenia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | -0.12 | -0.79 % | Sep 04 |
| Exchange Rate | 1.10 | 0.65 % | Sep 04 |
| Stock Market | 850 | -0.30 % | Sep 04 |
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Slovenia Economic News
Slovenia: Industrial sector gathers pace in July
September 10, 2019
Industrial production growth, on an annual basis, jumped to 5.0% in July from 1.2% in June.
Slovenia: Inflation rises to two-and-a-half year high in August
August 30, 2019
Consumer prices rose 0.4% over the previous month in August, contrasting a 0.7% month-on-month drop in July.
Slovenia: Economy grows at weakest stride in nearly four years in Q2
August 30, 2019
The economy grew 2.5% year-on-year in the second quarter, marking a notable deceleration from the first-quarter’s 3.3% upturn, according to detailed data released by Slovenia’s Statistical Institute on 30 August.
Slovenia: Industrial sector continues to decelerate in June
August 9, 2019
Industrial production growth, on an annual basis, decelerated in June, sliding to 1.1% from 3.1% in May.
Slovenia: Inflation edges up in July
July 31, 2019
Consumer prices fell 0.7% over the previous month in July, after rising 0.4% month-on-month in June.
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