Industry in Slovenia
Slovenia - Industry
Industrial activity drops at sharpest rate since February 2021 in September
Industrial production dropped 0.1% year on year in September (August: +4.3% yoy). September's outturn marked the worst reading since February 2021. September's reading was largely due to a slowdown in manufacturing output growth. Furthermore, energy output continued to contract sharply. That said, mining and quarrying production gained steam.
On a monthly basis, factory output declined 2.6% in seasonally adjusted terms in September, contrasting August’s 0.8% expansion and marking the worst result since February. Meanwhile, the trend pointed down, with the annual average growth of industrial production coming in at 4.5% in September, down from August's 5.0% reading.
FocusEconomics Consensus Forecast panelists project industrial productionto grow 2.4% in 2023, which is down 0.3 percentage points from last month’sforecast. For 2024, the panel projects industrial output will expand 2.7%.
Slovenia - Industry Data
|Industrial Production (annual variation in %)||5.6||6.6||7.7||5.1||3.3|
5 years of economic forecasts for more than 30 economic indicators.
Slovenia Industry Chart
Source: Statistical Office and FocusEconomics calculations.
|Bond Yield||0.30||-0.79 %||Dec 31|
|Exchange Rate||1.12||0.65 %||Dec 31|
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November 18, 2022
Harmonized inflation came in at 10.3% in October, down from September’s 10.6%.
November 15, 2022
GDP growth lost momentum in the third quarter, falling to 3.4% year on year from 8.3% in the second quarter.
November 10, 2022
Industrial production dropped 0.1% year on year in September (August: +4.3% yoy).
October 10, 2022
Industrial output expanded 4.8% compared to the same month of the previous year in August, which followed July's 4.1% increase.
September 30, 2022
Harmonized inflation came in at 10.6% in September, which was down from August’s 11.5%.