Interest Rate in Slovenia

Slovenia Interest Rate | Economic News & Forecasts

Slovenia - Interest Rate

The 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

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

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Slovenia Interest Rate Chart

Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Slovenia Facts

Bond Yield1.16-0.79 %Jun 14
Exchange Rate1.170.65 %Jun 14
Stock Market889-0.30 %Jun 14

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