Charts of the Week
Charts of the week from 18 to 22 August 2025: number of persons in employment, average gross wage per employee and Slovenian industrial producer prices
The number of persons in employment has been stagnating in recent months (seasonally adjusted); in the first half of the year, it was 0.4% lower year-on-year. Compared to the same period last year, it was higher primarily in public service activities. The year-on-year nominal growth in the average gross wage remained high in June (7.4%, 5.1% in real terms). In the public sector, the strong growth is linked to the wage reform in the general government sector. In the private sector, growth is, in our assessment, influenced mainly by excess demand for labour in certain parts of the economy. The year-on-year growth in Slovenian industrial producer prices remained similar in July (1.1%) to that of previous months. It continued to be highest for non-durable consumer goods, in our assessment primarily due to rising prices in the manufacture of food products.
Number of persons in employment, June 2025

In June, the number of persons in employment remained broadly unchanged compared with previous months (seasonally adjusted) and was 0.4% lower year-on-year. Among persons in employment, the number of foreign nationals was 1.8% higher year-on-year, while the number of Slovenian nationals was 0.7% lower. The total number of persons in employment decreased most notably in other administrative and support service activities (–3.8%), primarily due to a decline in employment agencies. Employment was also noticeably lower than a year earlier in manufacturing (–1.9%) and construction (–1.6%), with the latter continuing to face the most acute labour shortages. In contrast, year-on-year growth was observed in public service activities, particularly in human health activities (3.3%) and education (1.6%). In the first half of 2025, the number of persons in employment declined by 0.4% year-on-year.
Average gross wage per employee, June 2025

The year-on-year nominal growth of the average gross wage remained high in June (7.4%, real growth 5.1%); in the public sector, it was slightly lower than in previous months (9.4%, real growth 7%), while in the private sector it was higher (6%, real growth 3.7%). In the public sector, this year’s strong growth is linked to the wage reform including the agreed increase in base wages at the beginning of the year (in the general government sector, which includes most of the public sector). In the private sector, growth is, in our assessment, still supported mainly by excess demand for labour in certain parts of the economy, as indicated by a relatively higher job vacancy rate. In the first half of the year, the average gross wage increased by 7.2% in nominal terms – by 10.6% in the public sector and by 5.3% in the private sector.
Slovenian industrial producer prices, July 2025

Slovenian industrial producer prices declined slightly month-on-month in July (–0.2%), while year-on-year growth remained at levels similar to previous months (1.1%). Differences in price growth between the domestic market (1.2%) and foreign markets (1.1%) were minimal. Year-on-year, consumer goods prices continued to grow at the fastest pace (3.4%), with growth accelerating slightly compared to the previous month (2.9%). This relatively strong growth in the consumer goods category is driven by a 4.2% increase in prices of non-durable goods, which, in our assessment, is significantly influenced by strengthened price growth in food production (4.3%). The growth of prices for durable goods also increased somewhat but remained relatively low at 0.4%. Price growth in the intermediate goods category remained moderate (0.9%), while prices of energy (–4.8%) and capital goods (–0.4%) were lower year-on-year.