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Economy / Slovenia

Macroeconomic Forecast Slovenia

October 2011 | Macroeconomic Forecasts

Compared to the same period of last year, industrial production (IP) contracted by 2.4% in August. Over the course of the first eight months of the year, IP growth was 4.3% higher than the same period of last year, registering a slowdown in growth from 6.1% in the January-July period. Owing to the continued deterioration in domestic and global growth, we see downside risks to our average 5.0% growth forecast for IP in 2011.

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