Slovenia Industry June 2019

Slovenia

Slovenia: Industrial sector continues to decelerate in June

August 9, 2019

Industrial production growth, on an annual basis, decelerated in June, sliding to 1.1% from 3.1% in May. A breakdown by sub-components showed that a sharp slowdown in manufacturing output was behind the downturn, more than offsetting a rebound in mining and quarrying, and a faster pace of expansion in the electricity, gas and water supply sector.

On a month-on-month basis, industrial output fell 1.6% in June after declining 0.9% in May. Meanwhile, average annual growth in industrial production dropped to 3.0% in June from 3.5% in May.

FocusEconomics Consensus Forecast panelists expect industrial production to grow 4.2% in 2019, which is up 0.2 percentage points from last month’s forecast. For 2020, the panel projects industrial output growth will weaken to 3.4%.


Author:, Economist

Sample Report

Looking for forecasts related to Industry in Slovenia? Download a sample report now.

Download

Slovenia Industry Chart


Slovenia Industry June 2019 1

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


Slovenia Economic News

More news

Search form