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Ljubljana
Thursday, March 28, 2024

Slovenia growth forecast substantially upgraded

By: P.T., STA

The Institute of Macroeconomic Analysis and Development, the government’s economic forecaster, upgraded Slovenia’s growth forecast for the year to 6.1%, 1.5 percentage points up from its spring outlook.

It projects for GDP growth to then ease off to 4.7% in 2022 and 3.3% in 2023. The improvement is due to more upbeat projections in the international environment, faster than expected growth so far this year a fast adjustment of businesses and consumers to the new situation.

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