Current economic trends from 6 to 10 January 2020: exports and imports of goods, manufacturing production
Weaker growth in foreign demand was reflected in a notable slowdown in growth in trade of goods in the last months of 2019, while export orders were the lowest in the last few years. The lower growth of trade contributed to the moderation of growth in manufacturing production,...
Economic Mirror: In the global economy, signs of stabilisation towards the end of the year; in Slovenia, a further strengthening of private consumption
Towards the end of last year, signs of stabilisation started to show in the global economy amid slightly less pronounced...
Current economic trends from 23 December 2019 to 3 January 2020: prices, turnover in trade, market services and bond yields
In December, year-on-year price growth approached 2% mainly due to accelerated growth in food prices. In 2019 (until...
Current economic trends from 16 to 20 December 2019: current account, labour market, wages, Slovenian industrial producer prices...
The growth of employment and the decline in unemployment continue, but at a less intense pace than last year. The...
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.