Slovenia: Growth in industrial output picks up in January
March 29, 2016
In January, industrial production expanded by 6.5% over the same month last year, marking a four-month high. The print marked an acceleration from the 2.1% increase tallied in December. According to the statistical office, January’s reading reflected a significant increase in activity from the manufacturing sector.
On a monthly basis, industrial output increased a seasonally-adjusted 4.4% in January, the highest figure since January 2009. The reading contrasted the 1.2% decrease recorded in the previous month. Meanwhile, annual average growth in industrial production was level in January at December’s 5.1% increase.
Author: Robert Hill, Economist