Slovenian Economic Mirror

Prospects for economic growth in the euro area have deteriorated amid strong inflationary pressures, energy crisis and monetary tightening. According to September confidence indicators, economic activity in the euro area contracted and consumer confidence reached its lowest level. In Slovenia, similar to other countries, the value of the economic sentiment indicator fell significantly in September…

Domestic consumption growth in Slovenia remained high in the spring months. Household consumption was boosted by the easing of containment measures and record high employment. Household purchasing power is increasingly affected by rising prices, especially of energy and food. Inflation continued to rise in June. Prices rose by more than a tenth compared to the previous year. Inflation was mainly…

Growth of domestic consumption remains high in Slovenia. The gradual easing of containment measures and the situation on the labour market with record high employment have had a positive impact on the continued growth of household consumption in the first four months. Household purchasing power is increasingly affected by rising prices, especially of energy and food, as inflation picked up in May.…

In the first quarter, growth in the export-oriented sectors of the economy in Slovenia weakened amid heightened uncertainty in the international environment. In the rest of the economy, especially in sectors dependent on domestic demand, activity increased in the first two months and household consumption was also significantly higher. Turnover in trade also continued to rise, partly due to the…

In view of the significant increase in uncertainty in the international environment, business expectations point to a further slowdown in the growth of exports and export activities. Trade in goods and manufacturing output declined in the first two months as supply chain disruptions continued. Following Russia’s military aggression against Ukraine, export sentiment deteriorated in the face of…

In Slovenia, most economic indicators suggest that the relatively favourable trends in the export-oriented part of the economy and in domestic consumption continued in the last quarter of last year; the worsening of the epidemic situation has had a particular impact on confidence indicators in service activities. Due to the low base in 2020, activity in most sectors was significantly higher…

In Slovenia, most indicators suggest that the relatively favourable trends in economic activity observed at the end of last year are continuing. In the last quarter of 2021, manufacturing output and trade in goods increased significantly, and export expectations remain high. Household consumption also remained high in the last quarter of 2021, partly due to the low base last year. Given the…

Economic activity in Slovenia remained high in the third quarter of this year, exceeding pre-epidemic levels. Private consumption in particular is growing faster than expected, meaning that economic growth in the year ending 2021 will be half a percentage point to one percentage point higher than predicted in our Autumn Forecast. In addition to the adjustment of consumers and activities related to…

According to some indicators, economic growth of export-oriented sectors of the economy in Slovenia moderated in the third quarter. Compared to the second quarter, trade in goods actually declined slightly, while manufacturing output growth slowed, which is related to supply chain disruptions. At the same time household consumption strengthened in the summer months, especially in tourism. In…

The outlook for the euro area remains positive despite the increased uncertainty in the international environment in recent months related to supply chain disruptions. In Slovenia, some economic indicators point to a slowdown in growth in the summer months, although economic sentiment indicators remain higher than before the epidemic. The relatively favourable development of trade and…