Industrial production in Slovenia fell 16.9 percent year-on-year in May of 2020, following a 22.8 percent slump in the prior month, helped by easing lockdown restrictions. Output decreased at a slower pace for manufacturing (-17.2 percent vs -23.9 percent in April) and electricity, gas, steam & air conditioning (-3.7 percent vs -11.9 percent). Meanwhile, production shrank much faster for mining & quarrying (-7.4 percent vs -5.3 percent). On a seasonally adjusted monthly basis, industrial production rose 9 percent, recovering sharply from a 14.7 percent decline in the previous month. Year-to-date, industrial activity fell 10.1 percent over a year ago.
Industrial Production in Slovenia averaged 2.53 percent from 1999 until 2020, reaching an all time high of 14.70 percent in January of 2018 and a record low of -25.10 percent in April of 2009. This page provides - Slovenia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovenia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Industrial Production in Slovenia is expected to be -12.50 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 8.00 in 12 months time. In the long-term, the Slovenia Industrial Production is projected to trend around 9.50 percent in 2021 and 2.70 percent in 2022, according to our econometric models.