Russia: Industrial output records lowest expansion in over a year in June
Industrial output rose 1.9% year on year in June (May: +5.3% yoy). The result marked the worst reading since March...
Industrial Production in Slovenia
Slovenia recorded an average industrial production growth rate of 3.6% in the decade to 2022, above the 1.1% average for the Euro Area. In 2022, industrial production growth was 1.2%. For more industry information, visit our dedicated page.
Slovenia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Slovenia from 2014 to 2023.
Source: Macrobond.
Slovenia Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 3.1 | -5.2 | 10.2 | 1.2 | -5.6 |
Industrial activity drops in May
Industrial output declined 5.0% in year-on-year terms in May, which contrasted April's 12.9% increase. Looking at the details of the release, manufacturing plus mining and quarrying production swung into contraction. That said, energy supply output dropped at a softer rate. Accordingly, the trend pointed down, with the annual average variation of industrial production coming in at minus 4.2% in May, down from April's minus 3.9% reading. On a seasonally adjusted monthly basis, industrial production plunged 7.3% in May (April: +10.0% s.a. mom), the worst result since December 2023.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Slovenian industry projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Slovenian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Slovenian industry projections.
Want to get access to the full dataset of Slovenian industry forecasts? Send an email to info@focus-economics.com.
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