Slovenian Economic Mirror

In Slovenia, short-term indicators suggest weak economic growth in the first two months of the year. On a year-on-year basis, exports, trade turnover, and construction activity increased, while turnover in market services and manufacturing output declined. In manufacturing, sentiment remains subdued due to uncertain economic conditions in the international environment. Economic sentiment continued…

Sentiment indicators for the euro area and Germany deteriorated in the fourth quarter of 2024. In Slovenia, activity in most sectors was higher year-on-year in the first ten to eleven months of 2024, and activity in construction continued to lag behind. Real exports of goods have stagnated since the slump in September, while manufacturing output rose slightly from mid-2024 onwards. In the first…

In Slovenia, activity in most sectors was higher in the first nine to ten months than in the same period last year. Real exports and imports of goods decreased month-on-month in October but remained higher year-on-year on average in the first ten months. After a further contraction in the third quarter, manufacturing output recovered month-on-month in October and was also higher year-on-year in…

In the third quarter, higher export activity played a key role in strengthening economic growth in Slovenia. Household spending continued to grow solidly, and government consumption maintained a high growth rate. In contrast, the decline in gross fixed capital formation deepened significantly, especially in construction. Year-on-year growth in the average gross wage remained relatively high in…

At the turn of the third quarter, the available economic indicators for Slovenia were mostly higher year-on-year, while month-on-month data primarily pointed to continued growth in trade. In other sectors, indicators remained largely stable compared to previous months. Goods exports and imports fell in August, although they remain higher than a year ago, mainly due to growth in trade in vehicles…

In Slovenia, manufacturing output contracted in May after rising in April, while exports of goods fell slightly. In the first five months, manufacturing output was similar to a year ago (0.2% higher), while exports of goods were higher (by 1.0%). Sentiment in export-oriented activities deteriorated in June, with expectations for export orders falling to their lowest level of the year. In April,…

Manufacturing output recovered in April after a significant decline in March and is now close to the level of the first two months of the year. In the first four months, it was similar to the same period last year. Trade in goods decreased month-on-month in April but increased year-on-year. In the first four months, exports and imports of goods remained on average lower year-on-year. Sentiment in…

Economic activity in the euro picked up slightly in the first quarter, as expected by international institutions. The outlook for the second quarter remains strong. In April, the Purchasing Managers’ Index for the euro area climbed above the 50 mark (the threshold between economic expansion and contraction) for the first time in ten months; economic sentiment (ESI) and confidence in all activities…

Sentiment in the Slovenian economy was still lower in the first quarter than in the same period last year, but better than at the end of the year. With price developments easing, sentiment improved among consumers and in services. The short-term economic indicators also point to a continuation of the recovery in the first two months – they have largely reached the level of a year ago, except in…

Most available short-term economic indicators for Slovenia improved at the end of 2023, but with the exception of construction and certain segments of household consumption, they have mostly not reached the level of a year ago. After two months of growth, trade in goods fell again in November, but it was on average higher in October and November than on average in the third quarter. Since…