Slovenian Economic Mirror

Favourable economic conditions continued at the beginning of the year. Confidence in the Slovenian economy has remained almost unchanged since the middle of last year. Economic growth was also reflected on the labour market, where rising demand for labour contributed to high employment and a further decline in registered unemployment. Stronger wage growth, alongside growth in social transfers, is increasing disposable income, which – amid relatively high consumer confidence – has a favourable impact on household spending. The surplus of the current account of the balance of payments remains high.