Interest Rate in Slovenia

Slovenia Interest Rate | Economic News & Forecasts

Slovenia - Interest Rate

GDP shrank at the fastest pace in nearly seven years in the first quarter as the Covid-19 fallout hammered the economy in March. Social distancing measures and closures of non-essential businesses prompted a marked downturn in household spending and fixed investment. Moreover, the economy appears to be contracting at a faster rate in Q2, as the full brunt of the containment measures hammer activity. Retail sales dropped by nearly a quarter in April, which, coupled with rising unemployment and plummeting consumer sentiment in April–May, indicates private consumption is falling more rapidly in Q2. Exports are likely shrinking faster as well, as the automotive and tourism sectors are crushed by the collapse in external demand. Meanwhile, in mid-May, the government declared the end of the epidemic in the country and partially reopened borders; all hotels reopened on 1 June in a bid to incentivize tourism.

Slovenia - Interest Rate Data

2014   2015   2016   2017   2018  
Policy Interest Rate (%)-     -     -     -     -     

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Slovenia Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Slovenia Facts

Value Change Date
Bond Yield0.30-0.79 %Dec 31
Exchange Rate1.120.65 %Dec 31

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