Industry in Slovenia
Slovenia - Industry
Industrial output loses steam in May
Industrial output expanded 22.1% compared to the same month of the previous year in May, which followed April's 35.2% increase. The figure was primarily driven by weaker manufacturing output. In addition, electricity, gas, steam and air conditioning supply production lost pace.
On a monthly basis, industrial output fell 0.4% in seasonally-adjusted terms in May, contrasting April’s 0.8% expansion and marking the worst result since December 2020. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at plus 3.7%, up from April's 0.5%.
FocusEconomics Consensus Forecast panelists expect industrial production to rise 6.8% in 2021, which is up 0.2 percentage points from last month’s forecast. For 2022, the panel projects industrial output will rise 4.6%.
Slovenia - Industry Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | 5.6 | 6.6 | 7.7 | 5.1 | 3.3 |
Slovenia Industry Chart
Source: Statistical Office and FocusEconomics calculations.
Slovenia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.30 | -0.79 % | Dec 31 |
| Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Slovenia: Industrial output loses steam in May
July 9, 2021
Industrial output expanded 22.1% compared to the same month of the previous year in May, which followed April's 35.2% increase.
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Slovenia: Inflation declines to lowest level since March in June
June 30, 2021
Consumer prices increased 0.58% over the previous month in June, coming in below May's 0.93% rise.
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Slovenia: Industrial output grows at record pace in April
June 10, 2021
Industrial output rose 35.9% year-on-year in April (March: +11.5% yoy).
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Slovenia: Economy records best result since Q4 2019 in the first quarter, but remains below pre-pandemic levels
May 31, 2021
GDP rebounded in the first quarter, growing 1.6% year-on-year and contrasting the 4.5% contraction recorded in the fourth quarter of last year.
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Slovenia: Inflation remains steady in May
May 31, 2021
Consumer prices rose 0.93% in May over the previous month, coming in below the 1.04% increase seen in April.
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