Slovenian Economic Mirror
Slovenian Economic Mirror
Slovenian Economic Mirror - August-September 2003
Contents
| In the Spotlight - Autumn Forecasts | The economic growth forecast downgraded mainly owing to poorer conditions in the international economic environment than anticipated in spring |
| In the Spotlight - Current Economic Developments | Gross domestic product growth was 2.1% in the second quarter, lower than projected because of modest export growth |
| International Environment | The euro-zone is expecting just about 0.5% economic growth this year |
| Balance of Payments | Exports of goods to Germany dropped by 4.2% in nominal terms year on year in the first seven months |
| Trade in Services | Transport services rose fastest on both export and import sides |
| Competitiveness | Price and cost competitiveness dropped in the second quarter, especially outside the euro currency area |
| Price Trends | Prices changes were under the strong influence of seasonal factors in summer |
| Monetary Developments | We were unable to publish an analysis this month because the Bank of Slovenia's data were unavailable before the Slovenian Economic Mirror went to press |
| The Money Market - Savings | Mutual funds recorded an average monthly return of 4.9% in August |
| The Money Market - Loans | The volume of tolar lending dropped by 0.1% in real terms in August |
| Labour Market | The second-quarter survey unemployment rate significantly higher than a year ago |
| Earnings | July's gross wage per employee continued to rise in line with projections |
| General Government Revenue | Revenues recorded real growth in the first eight months despite July's moderate growth and August's fall |
| Manufacturing | After falling for two months, the trend rate of production volumes again on a slight increase |
| Construction | Construction's value added recorded the highest annual growth in the last three years |
| Distributive Trades | Value-added growth continued to strengthen in the second quarter |
| Transport & Communications | Road passenger and freight transport again dropped the most in the second quarter |
| Selected topics | |
| Regional Gross Domestic Product | In 2001, Central Slovenia's GDP per capita exceeded the EU-15 average by 1% |
| Commercial Companies - Exporters | Performance of exporters was better than that of other companies in 2002 |
| Foreign Investment Enterprises | Changes brought about by foreign investors are mainly positive |
| Data, Main Indicators, Graphs, International Comparisons | |