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Tuesday, April 16, 2024

Slovenia: Industrial output up 3.1% in a month, Exports up 2.1% in October year-on-year

By: B.T., STA

Slovenia’s industrial output expanded by 3.1% in October from the month before, but dropped 1.1% on the same month a year ago.

In the ten months to the end of October, industrial output was 7.3% below the level a year ago, the Statistics Office reported. Industrial revenue increased for the sixth month running in October, by 3.3% from September, but dropped by 3.1% year-on-year.

Slovenia’s exports totalled EUR 3.2 billion in October, up by 2.1% on the same month in 2019. Imports meanwhile fell by 8.5% to EUR 2.9 billion, creating a surplus of EUR 0.2 billion. Data from the Statistics Office also show that Slovenia recorded a drop in trade with EU member states, mainly on the back of a drop in trade with main partners. Exports in the first ten months dropped by 3.2% on the same period in 2019 and imports decreased by 8.9%.

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