Industry in Slovenia
Slovenia - Industry
Industrial production decelerates sharply in September
The industrial sector decelerated markedly in September, growing a meagre 0.5% over the same month of the previous year, down from a revised year-on-year expansion of 6.0% in August (previously reported: +7.0% year-on-year). Looking at a breakdown of the sectors, the marked downturn was due to sharp decelerations in the manufacturing sector, and the supply of electricity, gas and steam. While the mining and quarrying sector also lost traction, the fall in growth was much more moderate.
On a month-on-month basis, industrial output contracted 2.1% in September, contrasting a revised 1.4% expansion over the previous month in August (previously reported: +2.0% month-on-month). Meanwhile, average annual growth in industrial production dropped to 7.5% in September, down from 8.3% in August.
Slovenia Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial production to grow 4.9% in 2019, which is down 0.1 percentage points from last month’s forecast. For 2020, the panel projects industrial output growth will weaken to 4.2%.
Slovenia - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -1.0 | 1.8 | 5.1 | 7.8 | 8.5 |
Slovenia Industry Chart
Source: Statistical Office and FocusEconomics calculations.
Slovenia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 1.09 | -0.79 % | Dec 11 |
| Exchange Rate | 1.13 | 0.65 % | Dec 11 |
| Stock Market | 807 | -0.30 % | Dec 11 |
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Economic News
Slovenia: Economy gains traction in the third quarter
November 30, 2018
Detailed national accounts data released by the country’s Statistical Office on 30 November revealed that the economy sped up in the third quarter, with annual GDP growth climbing to 4.8%, up from 4.0% in the second quarter.
Slovenia: Inflation edges down in November
November 30, 2018
Consumer prices increased 0.1% over the previous month in November, following a 0.3% month-on-month rise in October.
Slovenia: Industrial production decelerates sharply in September
November 14, 2018
The industrial sector decelerated markedly in September, growing a meagre 0.5% over the same month of the previous year, down from a revised year-on-year expansion of 6.0% in August (previously reported: +7.0% year-on-year).
Slovenia: Inflation edges up in October
October 30, 2018
Consumer prices rose 0.3% over the previous month in October, following a 0.4% month-on-month increase in September.
Slovenia: Industrial production accelerates in August
October 10, 2018
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).
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