Slovenia’s industrial production increased by an annual 4.8% in August accelerating by 4.2 pp from a month earlier (chart), statistical office data released on October 10 indicated.
The annual growth of industrial production in August was the biggest so far this year.
On a monthly basis, the production rose by 1.2% in August after dropping by 1.2 % in July.
The annual increase in August was a result of growth in the key manufacturing sector and in the mining and quarrying despite a decline in the utility sector.
Output in the key manufacturing sector went up in August by 8.7% y/y, while in the mining and quarrying sector output jumped by 33.9% y/y. In electricity, gas, steam and air conditioning sector it plunged by about 37%.
In the first eight months of the year, industrial production in Slovenia went up by 3.9%.
Total turnover in industry was higher at the monthly level by 5.2%, and jumped year on year by 25.7% in the eight month of the year.