Current economic trends from 11 to 15 November 2019: current account of the balance of payments, wages and construction
The current account surplus declined in the last twelve-month period amid moderating growth in the international environment. The growth of wages is higher than last year, mainly owing to higher wage growth in the general government sector, but also as a consequence of favourable...
Current economic trends from 4 to 8 November 2019: manufacturing production, imports and exports of goods
The moderation of foreign demand was reflected in a slowdown of growth in production volume and exports of most...
Economic growth in 2019 and in 2020 will be lower than in the previous three years. Growth in domestic consumption will remain relatively strong, but the contribution of exports will be lower. Inflation will rise moderately.
Employment will continue to rise, albeit more and more slowly due to the contraction in the number of working-age people, lower and lower unemployment and more moderate growth in economic activity. Wage growth will strengthen.
Economic growth in Slovenia’s trading partners will be lower than in previous years. Export growth will therefore be slowing, except this year when it is being strongly driven by increased re-exports of pharmaceutical products and oil. The current account surplus will decline somewhat relative to GDP.
The Institute of Macroeconomic Analysis and Development of the Republic of Slovenia is an independent government office.
The Institute performs the following tasks:
- it monitors and analyses current trends and development in its economic, social and environmental dimensions;
- it monitors and analyses the achieving of the development objectives of the country;
- it prepares macroeconomic forecasts and other expert groundwork that serve as the basis for budgetary planning and formulating economic policy measures;
- it analyses productivity and competitiveness as the national productivity board;
- it carries out research work.