Slovenia: Growth in industrial output accelerates in August
October 19, 2015
In August, industrial production expanded by 5.2% over the same month last year. The print marked an acceleration from the 3.2% increase tallied in July and the strongest growth in three months. According to the statistical office, August’s reading reflected solid increases in the manufacturing and mining sectors. In contrast, the electricity, gas and water supply sector tallied a contraction.
On a monthly basis, industrial output decreased a seasonally-adjusted 0.2% in August, which contrasted the 0.9% increase recorded in the previous month. Meanwhile, annual average growth in industrial production increased from 3.6% in July to 3.9% in August.
Author: Carl Kelly, Economist