Lake Bled in Slovenia

Slovenia Industry March 2021

Slovenia: Industrial output records quickest growth since January 2018 in March, amid a favorable base effect

Industrial production rose 8.5% year-on-year in March (February: -0.7% yoy), amid a favorable base effect. March’s figure marked the best result since January 2018. March’s rise was partly driven by a notable rebound in manufacturing production. In contrast, mining and quarrying output fell.

On a seasonally-adjusted monthly basis, factory output fell 1.0% in March (February: +1.1% mom), the worst result since April 2020. Meanwhile, the trend improved sizably, with the annual average variation of industrial production coming in at minus 4.7% in March, up from February’s minus 6.1% reading.

The base effect should intensify in the coming months, boosting year-on-year industrial production readings, as the pandemic was at its height in Q2 last year.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest