Slovenia Industry February 2019


Slovenia: Industrial production eases in February

April 10, 2019

Industrial production increased 4.3% on an annual basis in February, decelerating from January’s revised 6.2% upturn (previously reported: +5.7% year-on-year). A breakdown by subcomponents revealed that the electricity, gas, steam and air conditioning supply sector contracted compared to the month prior, while manufacturing production decelerated. In contrast, mining and quarrying output rebounded strongly in February.

On a month-on-month basis, industrial output fell 1.1% in February after January’s revised 12-year-high of 6.2% (previously reported: +5.9% mom). Meanwhile, average annual growth in industrial production edged down to 4.0%, from 4.2% in January.

FocusEconomics Consensus Forecast panelists expect industrial production to grow 4.1% in 2019, which is unchanged from last month’s forecast. For 2020, the panel projects industrial output will weaken to 3.5%.

Author:, Economist

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Slovenia Industry Chart

Slovenia Industry February 2019

Note: Year-on-year and annual average growth of industrial production index in %.
Source: Statistical Office of the Republic of Slovenia (SORS).

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