Slovenian Economic Mirror
Slovenian Economic Mirror
Slovenian Economic Mirror - July 2008
Contents
| In the Spotlight | Gradual slowdown in economic activity; inflation remains high |
| International Environment | Economic growth in the EMU expected to moderate in the second quarter according to current data; inflation in the EMU strengthened to 4.1% in July |
| Balance of Payments | Current account deficit widening |
| Price Trends & Policy | Inflation in June marked particularly by high price rises of liquid fuels for transport and heating |
| Money Market – Household Savings | Strong growth of long-term deposits recorded also in May; mutual funds posted net inflows for the first time this year |
| Money Market – Loans | Year-on-year growth of loans to non-banking sectors dropped below 30% |
| Stock Exchange | Negative trends on the domestic and foreign capital markets continue |
| General Government Revenue | Favourable real growth of general government revenue from the first quarter strengthened somewhat further in the second quarter |
| Labour Market | The number of persons in employment slowed year on year for the fifth consecutive month in May |
| Earnings | Growth of gross wages in May higher in public services than in the private sector |
| Manufacturing | Lower production activity in May; continuation of gradual decline can be expected also in the following months |
| Energy Sector | High production, exports and surplus of electricity in the second quarter |
| Transport | Road freight transport even stronger in the first quarter |
Selected Topics | |
|---|---|
| State Budgets for 2007 and 2008 | Supplementary budget for 2008 forecasts budgetary surplus of 0.2% of GDP |
| Available and Allocated Assets of Households and Possession of Durable Goods, 2000–2006 | Consumption expenditure in 2006 in real terms almost equal to previous year; more funds allocated for investment and social security |
| Data, Main Indicators, International Comparisons, Graphs | |