Slovenia: Industrial output growth eases to six-month low in August
Industrial production increased 8.3% year-on-year in August (July: +8.8% yoy). The result marked the worst reading since February. August’s reading was partly driven by a deterioration in manufacturing output growth. In addition, mining and quarrying production declined more drastically.
On a seasonally-adjusted monthly basis, factory output rebounded, rising 1.0% in August (July: -1.8% mom). Meanwhile, annual average industrial production growth rose to 7.5% in August (July: +6.8%), signaling an improving trend in the industrial sector.