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 3/2023
Growth in economic activity in the first quarter was driven by household consumption, construction investment and growth in most services, where the post-COVID-19 recovery continues in some sectors. Activity in the export-oriented part of the economy was weak but trade in services, especially travel, has picked up. Employment of foreign workers was the largest contributor to overall growth in the…
Slovenian Economic Mirror 2/2023
Short-term indicators of economic activity for Slovenia point to weak growth at the beginning of the year in the export-oriented part of the economy and in most services, except in retail trade, and to further strengthening in construction. After several months of contraction, trade in goods increased in February, but remained lower than a year ago. Manufacturing output was higher in the first two…
Slovenian Economic Mirror 1/2023
In the fourth quarter of last year, the slowdown in economic activity continued in most sectors. Turnover in trade and other market services decreased in October. Exports of goods to EU Member States also continued to decline and the slow pick-up in manufacturing activity seen in previous quarters came to a halt in November. The value of construction put in place had increased significantly…
Slovenian Economic Mirror 9/2022
Economic growth slowed in most activities at the beginning of the last quarter of this year. Exports of goods to EU Member States fell for the second month in a row. At the beginning of the last quarter, manufacturing output rose in high-technology activities, while it fell or remained roughly unchanged in other activity groups. Household expenditure was slightly lower than in previous months,…
Slovenian Economic Mirror 8/2022
In the third quarter of this year, GDP in Slovenia fell by 1.4% compared to the second quarter, and the year-on-year growth (3.4%) was lower than in the first half of the year and in line with IMAD’s expectations in its Autumn Forecast of 5% GDP growth for 2022. Household consumption growth, which was driven mainly by the sale of non-food products and services, moderated year-on-year in the summer…
Slovenian Economic Mirror 7/2022
Prospects for economic growth in the euro area have deteriorated amid strong inflationary pressures, energy crisis and monetary tightening. According to September confidence indicators, economic activity in the euro area contracted and consumer confidence reached its lowest level. In Slovenia, similar to other countries, the value of the economic sentiment indicator fell significantly in September…
Slovenian Economic Mirror 6/2022
Domestic consumption growth in Slovenia remained high in the spring months. Household consumption was boosted by the easing of containment measures and record high employment. Household purchasing power is increasingly affected by rising prices, especially of energy and food. Inflation continued to rise in June. Prices rose by more than a tenth compared to the previous year. Inflation was mainly…
Slovenian Economic Mirror 5/2022
Growth of domestic consumption remains high in Slovenia. The gradual easing of containment measures and the situation on the labour market with record high employment have had a positive impact on the continued growth of household consumption in the first four months. Household purchasing power is increasingly affected by rising prices, especially of energy and food, as inflation picked up in May.…
Slovenian Economic Mirror 4/2022
In the first quarter, growth in the export-oriented sectors of the economy in Slovenia weakened amid heightened uncertainty in the international environment. In the rest of the economy, especially in sectors dependent on domestic demand, activity increased in the first two months and household consumption was also significantly higher. Turnover in trade also continued to rise, partly due to the…
Slovenian Economic Mirror 3/2022
In view of the significant increase in uncertainty in the international environment, business expectations point to a further slowdown in the growth of exports and export activities. Trade in goods and manufacturing output declined in the first two months as supply chain disruptions continued. Following Russia’s military aggression against Ukraine, export sentiment deteriorated in the face of…