Slovenia: Industrial production rebounds in February
April 10, 2020
Industrial output rose 2.4% in year-on-year and working day adjusted terms in February, which contrasted January's 0.9% decrease. The print marked the best result since October 2019. The turnaround was driven by faster growth in manufacturing output. Meanwhile, mining and quarrying contracted at a softer pace.
On a seasonally-adjusted monthly basis, industrial production rose 1.4% in February, which was below January’s 1.9% increase. Meanwhile, the trend pointed down with annual average growth of industrial production coming in at 2.4% from January's 2.6%.
Author: Nicolás J. Aguilar, Economist