Slovenian National Bank: “GDP Decline in Line with Expectations”

Politics ♦ Published: March 7, 2013; 15:23 ♦ (Vindobona)

The Governing Board of the Bank of Slovenia discussed current economic and financial developments.

Slovenian National Bank: “GDP Decline in Line with Expectations” / Picture: © Vindobona.org

Economic activity declined in the final quarter of 2012 in line with expectations, taking the overall decline in the year to 2.3%. The figures currently available also suggest quite a sharp decline in activity in 2013. The decline in private sector demand deepened at the end of last year. Investment activity and household consumption continued to decline. The latter was the result of…