Slovenia: Growth in industrial output decelerates in December
February 10, 2016
In December, industrial production expanded by 1.8% over the same month of the previous year. The print marked a deceleration from the 4.1% increase tallied in November and a one-year low. According to the statistical institute, December’s reading reflected a significant rebound in the mining industry, while manufacturing output contracted.
On a monthly basis, industrial output decreased a seasonally-adjusted 1.3% in December, which contrasted the 0.3% increase recorded in the previous month. In 2015 as a whole, industrial production grew by 4.5%. This is a considerable improvement with respect to the 1.7% growth rate in 2014.