Slovenia’s industrial production increased by 7.2% y/y in February, slowing down from 12.7% y/y in January and 12.2% y/y a month earlier, the Slovenian Statistical Office said on April 10.
Slovenia’s industrial production increased 8% y/y in 2017. Industrial production growth has accelerated in recent years.
On a monthly basis the industrial production fell by 0.2%, following a 1.2% decrease in January against December, when it went up 2.7% m/m, the data showed.
At annual level, industrial activity increased in the manufacturing sector (by 7.5%) and in electricity, gas and steam supply (by 6.9%). On the other hand, industrial activity decreased in mining and quarrying-by 19%.
At the monthly level, industrial activity increased in electricity, gas and steam supply (by 2.2%) and decreased in mining and quarrying and in manufacturing (by 12.3% and 0.4%, respectively), according to the latest statistical office data.
In February, the value of industrial production was 21.4% higher than the average of 2015. As regards technological complexity in manufacturing, the largest long-term increase was recorded in medium- to low-technology manufacturing (by 28.3%).
In January-February, industrial production in Slovenia increased 9.5% against January-February 2017, the statistical office said on April 10.