Slovenian Economic Mirror
Slovenian Economic Mirror
Slovenian Economic Mirror - April 2008
Contents
| In the Spotlight | Slowdown of economic activity in line with expectations |
| International Environment | In their spring forecasts, as expected, the European Commission and the IMF revised downwards their projections of economic growth in our main trading partners |
| Balance of Payments | The current account deficit increased; higher net capital inflow largely due to the issue of the benchmark government bond |
| Price Trends & Policy | Growth of prices increased in most price index groups |
| Money Market – Household Savings | High growth of sight deposits in banks |
| Money Market – Loans | Growth of loan volumes below 2% for the second consecutive month |
| Stock Exchange | Significant decline in indices on most capital markets |
| General Government Revenue | Favourable real growth of general government revenue in the first three months |
| Labour Market | Growth of employment and decline in unemployment continue |
| Earnings | Higher growth of public sector wages in February owing to the adjustment to last year’s higher inflation |
| Manufacturing | Production growth rebounded in February after three months of modest growth |
| Transport | High growth of road freight transport and air and airport passenger transport in 2007 against the background of strengthening in the final quarter |
| Energy Sector | Increased international trade and net electricity exports in the first quarter |
Selected topics | |
| Greenhouse Gas Emissions | Additional measures for the reduction of greenhouse gas emissions will be necessary to reach the Kyoto targets |
| Regional Disparities in GDP Per Capita in Purchasing Power Parities in the EU | Member states more successful in narrowing the development gap with the European average and less in decreasing intra-state disparities |
| Business Entities | 2007 saw the strongest growth in the number of economic entities in the last four years |
| Solvency of Business Entities | Last year, the number of insolvent legal entities smaller than in 2006 |