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Slovenia: Recession Goes On
In the second quarter, Slovenia´s GDP was down by 1.7% year on year. This year, Slovenia´s GDP will fall by 3.0%, economists say.
Slovenia: Recession Goes On / Picture: © Vindobona.org
Compared to the reference period of 2012, the economic growth reached -1.7% in the second quarter. In the first six months of 2013, Slovenia´s GDP contracted by 3.2%.
Slovenia´s weak point is still the shrinking domestic demand. From April to June, domestic demand was down by 2.0% year on year. The decrease decelerates, however. In the first quarter, the annual change was…
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