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Slovenia Industry March 2022

Slovenia: Industrial output bounces back in March

Industrial production expanded 2.8% year-on-year in March (February: -1.1% yoy). The turnaround was partly driven by faster growth in manufacturing output. In addition, mining and quarrying production improved.

On a monthly basis, industrial production increased 3.8% in seasonally-adjusted terms in March, contrasting February’s 8.0% fall and marking the best result since July 2020. Meanwhile, annual average industrial production growth fell to 9.8% in March (February: +10.6%), signaling a worsening trend in the industrial sector.

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