Slovenia Industry December 2016

Slovenia

Slovenia: Growth in industrial production moderates in December

February 10, 2017

Industrial production in December grew 6.6% from the same month of the previous year, easing from November’s strong 7.4% growth. According to the Statistical Institute, the expansion was broad-based as all three components that make up the index increased in December, with manufacturing recording the largest gains.

On a monthly basis, industrial output edged up a seasonally-adjusted 1.3% in December, which followed the 1.0% increase recorded in November. Meanwhile, annual average growth in industrial production in December was stable at November’s 6.0% reading.

FocusEconomics Consensus Forecast panelists expect industrial production to increase 4.0% in 2017, which is up 0.1 percentage points from last month’s forecast. For 2018, the panel also sees industrial output expanding 4.9%.


Author:, Economist

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Slovenia Industry December 2016

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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