Macroeconomic Forecast Slovenia

Industrial production growth came in at 0.3% y-o-y in November, bringing the year-to-date average to 3.1% (down from 4.3% over the January-August period). While we estimate average industrial production growth of 3.0% in 2011, we expect this to fall in 2012 to 2.0% owing to the slowdown in both the domestic and external economic sectors. A tentative recovery will be witnessed in 2013, with industrial production growth at 4.0% by year-end (3.5% average growth over the course of the year).

To read the full article, please choose one of the following options: