Slovenia: Growth in industrial production accelerates further in July
September 9, 2016
Industrial production in July expanded 7.4% over the same month last year, accelerating from the revised 6.3% expansion in June (previously reported: +6.1% year-on-year). According to the Statistical Institute, July’s print reflected a robust increase in manufacturing, while electricity, gas, water supply and mining contracted.
On a monthly basis, industrial output rose a seasonally-adjusted 1.2% in July, which was an acceleration over the 0.5% increase seen in June and marked the fastest increase in six months. Lastly, annual average growth in industrial production was 5.4%, slightly above June’s 5.1% increase.
Author: Dirina Mançellari, Senior Economist