Fiscal Balance in Slovenia

Slovenia Fiscal Balance | Economic News & Forecasts

Slovenia - Fiscal Balance

Growth rose markedly in the third quarter after moderating in the second quarter on weaker domestic demand dynamics. An upturn in the external sector—fueled by a surge in export growth and a slowdown in imports—drove Q3’s acceleration, while demand in the domestic market remained stable from the previous period. Early indicators suggest the economy gained speed at the outset of the final quarter. In October, retail sales grew at almost three times the pace as in the previous month as consumers became more optimistic about their personal financial situation and the general economic conditions. Moreover, industrial production picked up in the month after losing considerable strength in September, and business sentiment remained robust. Given the economy’s uninterrupted strong performance from last year, parliament approved a 10.0% increase in the minimum wage on 13 December, to take effect from 1 January 2019.

Slovenia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-14.7  -5.5  -2.9  -1.9  0.0  

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Slovenia Facts

ValueChangeDate
Bond Yield0.91-0.79 %Jan 16
Exchange Rate1.140.65 %Jan 16
Stock Market828-0.30 %Jan 16

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