Industrial production in Slovenia increased 1 percent year-on-year in December of 2019, following an upwardly revised 1.5 percent rise in the previous month. It was the slowest growth in industrial activity since last August, as output fell for mining & quarrying (-18.7 percent vs 6.9 percent in November) and the manufacturing sector lost some steam (1.3 percent vs 2.2 percent). In contrast, production rebounded significantly for electricity, gas and water supply (2.7 percent vs -7.9 percent). On a seasonally adjusted monthly basis, industrial production went down 1.8 percent, after a downwardly revised 1 percent decrease in the prior month. Considering the full year of 2019, industrial production grew 3 percent over a year ago.
Industrial Production in Slovenia averaged 2.79 percent from 1999 until 2019, reaching an all time high of 12.80 percent in December of 2017 and a record low of -24.50 percent in June of 2009. This page provides - Slovenia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Industrial Production in Slovenia is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Slovenia to stand at 2.70 in 12 months time. In the long-term, the Slovenia Industrial Production is projected to trend around 2.70 percent in 2021, according to our econometric models.