Industry in Slovenia

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Slovenia - Industry

Industrial production accelerates in August

The industrial sector accelerated in August, growing 7.0% year-on-year, following July’s revised 5.4% annual expansion (previously reported: +5.9% year-on-year). A breakdown of the sub-sectors shows an across-the-board upturn. Mining and quarrying output rebounded—growing at the fastest pace of all three key sectors—while the manufacturing, and electricity, gas, and water supply sectors sped up.

On a month-on-month basis, industrial output rose 2.0% in August, marking a much bigger upturn than the revised 0.1% increase in July (previously reported: +0.3% month-on-month). Meanwhile, average annual growth in industrial production inched down to 8.4% in August from 8.5% in July.

FocusEconomics Consensus Forecast panelists expect industrial production to grow 6.4% in 2018, which is down 0.1 percentage points from last month’s forecast. For 2019, the panel projects industrial output will expand 5.0%, which is down 0.2 percentage points from last month’s estimate.

Slovenia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-1.0  1.8  5.1  7.8  8.5  

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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 Yield1.15-0.79 %Oct 18
Exchange Rate1.150.65 %Oct 18
Stock Market813-0.30 %Oct 18

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