Slovenian Economic Mirror


Slovenian Economic Mirror

 Contents

In the Spotlight As favourable trends in the labour market continue, some companies report labour shortages as a limiting factor to production
International Environment - EMU & USA Economic trends in the euro area remain favourable; the US economy not likely to recover until 2008
Balance of Payments High April's imports widened the current account deficit
Price Trends & Policy The increase in year-on-year inflation in June over December largely caused by food price rises
Money Market - Household Savings May's payments of holiday allowances resulted in stronger growth of household deposits in banks
Money Market - Loans The monthly borrowing of the banking sector abroad reached its historically highest level due to the substantial borrowing of a major bank
Stock Exchange The highest quarterly growth of SBI20 in ten years
General Government Revenue Relatively modest real growth of general government revenue in the first half of 2007 due to the new tax legislation and the structure of economic growth
Labour Market The highest increase in employment again recorded in construction in May
Earnings A new minimum wage amount of EUR 538.53 fixed for the period from 1 August 2007 onwards
Manufacturing Lower year-on-year growth of industrial production in May
Transport Faster growth of railway freight transport rather exceptional; road freight transport is rising at a faster pace
Energy Sector Higher net electricity imports required again in Q2 of 2007
Selected topics
Earnings in the Public Sector The higher wage rises in the public sector planned in 2008-2010 will not jeopardise the main macroeconomic balances
Data, Main Indicators, International Comparisons, Graphs