Slovenian Economic Mirror
Slovenian Economic Mirror
Slovenian Economic Mirror - February 2008
Contents
| In the Spotlight | Gradual deceleration of economic growth in the EMU and Slovenia |
| International Environment | The European Commission lowered its forecast of economic growth in the EMU for 2008 and raised its inflation forecast |
| Price Trends & Policy | The January price increase again largely attributable to higher prices of food and energy |
| Money Market – Household Savings | Household bank savings picked up in 2007; mutual funds enjoyed even stronger growth |
| Money Market – Loans | Vigorous lending activity of domestic banks continued in 2007 |
| Labour Market | Seasonal layoffs in December influenced the January increase in registered unemployment |
| Labour Market – Unemployment in 2007 | The number of unemployed and the unemployment rate declined significantly in 2007 |
| Earnings | Tax Higher increase in net earnings than gross earnings in 2007 attributable to personal income tax legislation changes |
| Manufacturing | Production activity slowed further in December; average growth in 2007 the highest in 15 years |
| Construction | Despite the slowdown in the second half of the year, average growth in 2007 was even higher than in the boom year 2006 |
Selected topics | |
| Risk of Poverty and Income Inequality | Social transfers significantly reduce the risk of poverty, which is among the lowest in Europe |
| Meat and Meat Products | Upward pressures on retail prices of meat and meat products, which increased much more than producer prices last year, may have stemmed from meat-processing firms |