Industry in Slovenia

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Slovenia - Industry

Industrial production growth moderates in May

Industrial production grew 5.9% over the same month of the previous year in May and was a slightly slower pace of expansion from the previous month’s revised 7.0% upturn in April (previously reported: +6.9% year-on-year). A breakdown of the sub-sectors showed an across-the-board slowdown. While the mining and quarrying, and manufacturing sectors both grew at a strong pace in May, they lost ground from the previous month. Meanwhile, the growth of the electricity, gas and water supply sector was muted.

On a month-on-month basis, industrial output grew 0.7% in May following a milder rise by 0.2% in April. Meanwhile, annual average growth in industrial production edged down to 8.5% in May from 8.9% in April.

FocusEconomics Consensus Forecast panelists expect industrial production to grow 6.6% in 2018, which is down 0.1 percentage points from last month’s forecast. For 2019, the panel projects industrial output will expand 5.1%.

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 Yield0.88-0.79 %Aug 15
Exchange Rate1.130.65 %Aug 15
Stock Market878-0.30 %Aug 14

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