Charts of the Week


Charts of the Week

Charts of the week from 15 to 19 June 2026: Slovenian industrial producer prices, number of persons in employment and activity in construction

Slovenian industrial producer prices increased by 0.7% month-on-month in May, while year-on-year growth accelerated to 2.1%, reaching its highest level since August 2023. The strongest price increase was recorded in durable consumer goods. The value of construction put in place has been strengthening since the beginning of the year, driven by civil-engineering construction. In April, it substantially exceeded its level of a year earlier (31.6%). In April, the number of persons in employment remained broadly unchanged compared with a year earlier. Employment declined particularly in trade, manufacturing and administrative and support service activities, while it increased in public services, especially in health and social work. 
 

Slovenian industrial producer prices continued to increase in May. They rose by 0.7% month-on-month, while annual growth accelerated to 2.1%, reaching its highest level since August 2023. On a year-on-year basis, prices increased across all industrial groups, with the strongest growth recorded for durable consumer goods (5.9%). Price growth in the remaining groups ranged from 0.9% (non-durable consumer goods) to 2.3% (intermediate goods and energy). The gap between price growth in the domestic and foreign markets continued to narrow: year-on-year growth in industrial producer prices on the domestic market increased by 0.4 p.p. (to 2.9%), while growth in foreign markets accelerated by 1 p.p. (to 1.3%).
 

 

According to the Statistical Register of Employment (SRDAP), the number of persons in employment in April remained broadly unchanged relative to previous months (seasonally adjusted) and compared with a year earlier. The number of employees declined slightly year-on-year (–0.2%), while the number of self-employed increased (0.8%). Despite the relatively stable overall number of persons in employment, considerable differences in year-on-year changes across activities persist. The largest year-on-year declines in the number of persons in employment were recorded in trade (–1.5%), manufacturing (–1.4%) and administrative and support service activities (–1.4%), while employment was higher in public service activities overall (2.3%), particularly in health and social work (3.7%). The number of foreign citizens in employment increased by 2.7% year-on-year in April, while the number of Slovenian nationals in employment declined by 0.5%, primarily due to retirements.
 

 

In April, the value of construction work put in place increased (seasonally adjusted) and was also significantly higher than a year earlier (31.6%). After declining at the beginning of 2025, construction activity gradually strengthened thereafter, reaching its highest level in October. It then declined until January this year before picking up again (seasonally adjusted). This dynamic was primarily driven by developments in civil engineering works.
However, some other data suggest weaker growth in construction activity. According to VAT data, activity in the first four months was 13% higher than in the same period last year, which is 12 p.p. lower than indicated by the data on the value of construction work put in place. Similarly, data on output in the manufacture of non-metallic mineral products, which is traditionally closely linked to construction activity, do not indicate such strong growth, with production declining by 1% year-on-year in the first four months.