Spring forecast

With the easing of economic activity in the international environment, GDP growth will gradually slow this year (3.4%) and in the next two (3.1% and 2.8%); the importance of domestic consumption will increase, while exports will contribute less to economic growth. The growth of exports will continue to moderate mainly on account of slower GDP growth in Slovenia’s trading partners. The growth of private consumption will accelerate somewhat this year amid the continuation of favourable labour market conditions, and gradually slow thereafter amid lower growth in employment.