Slovenia Industry

Slovenia

Slovenia: Growth in industrial output decelerates in June

August 17, 2015

In June, industrial production expanded by 3.1% over the same month last year. The print marked a deceleration from the 5.5% increase tallied in May and the weakest growth in six months. According to the statistical office, June’s reading reflected slower increases in the manufacturing and mining sectors. Meanwhile, electricity, gas and water supply contracted for the fourth straight month.

On a monthly basis, industrial output decreased a seasonally-adjusted 0.7% in June, which contrasted the 0.9% increase recorded in the previous month. Meanwhile, annual average growth in industrial production inched up from 3.4% in May to 3.5% in June.

FocusEconomics Consensus Forecast panelists expect industrial production to expand 3.0% in 2015, which is unchanged over last month’s Consensus. For 2016, the panel sees industrial output growth at 2.9%.


Author:, Economist

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Slovenia Industry June 2015

Note: Year-on-year and annual average growth of industrial production index in %.
Source: Statistical Office of the Republic of Slovenia (SORS).


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