Interest Rate in Slovenia
Slovenia - Interest RateThe economy lost momentum for the second consecutive quarter in Q2. Weaker domestic demand drove the downturn, with higher inflation chipping away at households’ purchasing power. Conversely, exports soared which translated into a positive contribution to growth from the external sector. Available data from the third quarter suggests the economy’s pace of expansion remains resilient: In July, industrial production growth was strong, albeit losing some ground from the previous month, and retail sales also picked up mildly amid moderating inflation and rising wages. Meanwhile, survey-based data indicates a downbeat picture: Consumer confidence sank to a one-year low in August, while business sentiment remained at July’s 14-month low. On 13 September, Slovenia’s parliament approved the country’s first minority government—a center-left coalition led by Prime Minister Marjan Šarec. Economic policy priorities include establishing a more business-friendly environment and improving the national health system. Divergent stances on a number of policies among the coalition parties, however, have raised concerns that the minority government might struggle to survive the entire four-year term.
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 %||Oct 16|
|Exchange Rate||1.16||0.65 %||Oct 16|
|Stock Market||818||-0.30 %||Oct 16|
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October 11, 2018
The industrial sector accelerated in August, growing 7.0% year-on-year, following July’s revised 5.4% annual expansion (previously reported: +5.9% year-on-year).
September 28, 2018
Consumer prices rose 0.4% over the previous month in September, following a 0.1% month-on-month increase in August.
September 11, 2018
Industrial production grew at a weaker pace of 5.9% year-on-year in July, down from a revised annual expansion of 6.3% in June (previously reported: -5.8% year-on-year).
August 31, 2018
Detailed national accounts data released by the country’s Statistical Office showed that the economy lost ground in the second quarter, with annual GDP growth falling to 3.8% in the quarter, down from 4.5% in the first quarter.
August 31, 2018
Consumer prices rose 0.1% over the previous month in August, following a 0.9% month-on-month drop in July.