Interest Rate in Slovenia
Slovenia - Interest RateThe nation will be heading to the polls for a snap parliamentary election on 3 June that was called after Prime Minister Miro Cerar resigned. Cerar’s resignation came following the Supreme Court’s verdict to annul a referendum held last year that sought to roll out a EUR 1 billion government railway project. The latest polls indicate that the center-right Slovenian Democratic Party is leading, having surged in popularity on anti-immigrant rhetoric and its pledge to ramp up spending on security. Any one party is unlikely to garner a majority, however, and the outcome will likely result in a hung parliament, forcing parties to form a coalition. Whoever emerges at the helm of power will be tasked with sustaining the robust trajectory of the economy, among the fastest-growing in the Eurozone last year. Turning to the first quarter of this year, while the unemployment rate fell to multi-year lows, retail sales swung to contraction, suggesting that private consumption lost pace. Going into the second quarter, already-strong business sentiment climbed in April, but consumer confidence dipped back to the zero-point threshold in May.
Slovenia - Interest Rate Data
|Policy Interest Rate (%)||0.25||0.05||0.05||0.0||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Slovenia Interest Rate Chart
Source: European Central Bank.
|Bond Yield||1.16||-0.79 %||Jun 14|
|Exchange Rate||1.17||0.65 %||Jun 14|
|Stock Market||889||-0.30 %||Jun 14|
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May 31, 2018
The economy lost momentum in the first quarter of the year after having logged a stellar growth rate in the previous quarter.
May 31, 2018
Consumer prices rose 1.2% over the previous month in May following a 0.7% month-on-month rise in April.
May 11, 2018
Industrial production grew a strong but more moderate 6.4% year-on-year in March following a revised 7.2% expansion in February (previously reported: +7.5% year-on-year).
April 30, 2018
Consumer prices increased 0.7% over the previous month in April after a 0.3% month-on-month rise in March.
April 11, 2018
Industrial production grew 7.2% year-on-year in February.