Slovenia’s economy grows

Alessandro_PasutSlovenia’s economy grows by 2.7% y/y during the 2nd quarter

The rate of 2.7% is for Slovenia the one of economy’s growth in the second quarter of the 2016 according to the Statistics Office.
Taking into consideration season and working days, the Slovenian GDP was up in the second quarter by 0.5%.
In real terms, the economy grew at an annual rate of 2.5% in the first half of the year.
The main factors that contributed to such growth were manufacturing (1.7%) together with commerce, hospitality and real estate (0.9%).
The growth in GDP was also caused by exports rising by 7.5% (both goods and services)
Within other factors is to register that Gross investments in fixed assets were down by 3.6% due to a drop in investments in buildings and other structures (-18%).
Investments in equipment and machinery were meanwhile up by 13.2%.

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