Industry in Slovenia

Slovenia Industry | Economic News & Forecasts

Slovenia - Industry

Industrial output growth decelerates sharply in August

The industrial sector decelerated sharply in August, with annual growth in output slipping to 0.8% from 4.8% in July. August’s decline was the sharpest year-to-date. A breakdown by sub-components showed that manufacturing production lost steam, while mining and quarrying, and electricity, gas and water supply both contracted at a faster rate than last month.

On a month-on-month basis, industrial output fell 2.0% in August, contrasting a 2.6% expansion in July. The fall was also the most marked year-to-date. Meanwhile, average annual growth in industrial production slid to 2.5% in August from 2.9% in July.

FocusEconomics Consensus Forecast panelists expect industrial production to grow 3.3% in 2020, which is down 0.1 percentage points from last month’s forecast. For 2021, the panel projects industrial output growth will rise to 3.8% in 2021.

Slovenia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.9  1.7  5.1  7.7  8.4  

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Slovenia Industry Chart

Slovenia Industry
Note: Annual variation of industrial production in %.
Source: Statistical Office and FocusEconomics calculations.

Slovenia Facts

Bond Yield-0.12-0.79 %Sep 04
Exchange Rate1.100.65 %Sep 04
Stock Market850-0.30 %Sep 04

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