Slovenian Economic Mirror
The Slovenian Economic Mirror is a publication presenting and commenting on current macroeconomic developments, as well as on selected economic, social and environmental issues. It treats the main indicators of economic trends and monitors the implementation of economic policies. The publication is published in Slovenian and English.
Slovenian Economic Mirror 1/2021
With stringent containment measures, turnover in trade and some service activities, particularly those related to private consumption, dropped significantly in Slovenia at the beginning of the last quarter of 2020. The epidemic and the measures to contain its spread have, due to lower demand, also strongly affected the movement of some prices of goods and services. The year-on-year fall in…
Slovenian Economic Mirror 7/2020
Euro area economic activity increased notably in the third quarter and even exceeded the expectations of international institutions. After a sharp decline in economic activity in the second quarter due to the COVID-19 epidemic and the related containment measures, GDP growth increased in the third quarter. This was to a great extent due to the comprehensive packages of measures adopted at the…
Slovenian Economic Mirror 6/2020
The COVID-19 epidemic caused a significant contraction of economic activity in the second quarter in the entire euro area; amid a relatively robust recovery of activity in the summer months, international institutions have upgraded slightly their forecasts for this year but nevertheless predict considerable GDP declines. Slovenia has also witnessed a recovery since May, which, in the presence of…
Slovenian Economic Mirror 5/2020
The fight with the COVID-19 epidemic has had a major impact on economic activity since mid-March, notably in April. After falling further in April, the indicators of economic activity started to improve gradually in May and June, but were still significantly lower than in the same period of last year. With the loosening of containment measures and a gradual recovery of production in Slovenia and…
Slovenian Economic Mirror 4/2020
The consequences of dealing with the COVID-19 epidemic are being felt in the entire euro area – a decline in economic activity, historically low indicators of confidence and expectations, forecasts of a deep recession in 2020. In this uncertain situation, the pace of recovery will to a great extent depend on epidemiological conditions and economic policy measures at various levels. Since March,…
Slovenian Economic Mirror 3/2020
In March, the consequences of the coronavirus epidemic and the measures taken to contain its spread already had a significant negative impact on activity in both the euro area and Slovenian economy. The spread of the epidemic in neighbouring countries and main trading partners contributed to a fall in demand and disrupted supply chains. In the middle of the month, Slovenia adopted measures that,…
Slovenian Economic Mirror 2/2020
At the end of last year, moderate economic activity in Slovenia continued, while confidence started to improve. Confidence improved in almost all sectors, particularly manufacturing. Enterprises in this sector have higher expectations about production volume and orders, which is related to the improvement in the global economy. On the labour market, unemployment continues to decline at a moderate…
Slovenian Economic Mirror 1/2020
Towards the end of last year, signs of stabilisation started to show in the global economy amid slightly less pronounced negative risks. The moderation of growth in foreign demand in the euro area in the course of last year was in Slovenia reflected mainly in lower growth in exports of some main manufactured goods. Private consumption was strengthening further at the beginning of the last quarter…
Slovenian Economic Mirror 8/2019
Year-on-year GDP growth in the first three quarters was 2.7%, which is a significant slowdown relative to last year and close to IMAD’s autumn forecast for 2019 as a whole (2.8%). Data on GDP growth in the third quarter otherwise show a faster-than-expected moderation of investment growth in particular. The slowdown in export growth is in line with expectations, while it is encouraging that growth…
Slovenian Economic Mirror 7/2019
The moderation of growth in foreign demand is reflected in more modest growth in export-oriented sectors of the Slovenian economy this year. In sectors that are mainly related to private consumption, activity has mostly been strengthening. Growth in household spending continues, amid further growth in disposable income. Employment growth remains fairly high particularly due to the hiring of…