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Slovenia Industry May 2021

Slovenia: Industrial output loses steam in May

Industrial output expanded 22.1% compared to the same month of the previous year in May, which followed April’s 35.2% increase. The figure was primarily driven by weaker manufacturing output. In addition, electricity, gas, steam and air conditioning supply production lost pace.

On a monthly basis, industrial output fell 0.4% in seasonally-adjusted terms in May, contrasting April’s 0.8% expansion and marking the worst result since December 2020. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at plus 3.7%, up from April’s 0.5%.

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