Slovenia: Industrial production eases again in March
May 10, 2019
Industrial production increased 2.9% on an annual basis in March, decelerating from February’s revised 4.1% upturn (previously reported: +4.3% year-on-year). A breakdown by subcomponents revealed that the electricity, gas, steam and air conditioning supply sector contracted for a consecutive month in March, while manufacturing production decelerated. In contrast, mining and quarrying output recorded robust gains in March.
On a month-on-month basis, industrial output fell 0.6% in March after February’s revised 1.4% contraction (previously reported: -1.1% month-on-month). Meanwhile, average annual growth in industrial production edged down to 4.0%, from 4.3% in February.
Author: Nicolás J. Aguilar, Economist