August 31 (SeeNews) - Slovenia's gross domestic product (GDP) growth slowed to 3.8% year-on-year in the second quarter from 4.5% in the preceding three-month period, according to non-seasonally adjusted statistical data released on Friday.
On a seasonally adjusted basis, second-quarter GDP increased by 0.8% over the previous quarter and was 4.3% higher year-on-year, data of Slovenia's Statistical Office indicated.
This compared to a seasonally adjusted 0.5% quarter-on-quarter rise and a 4.9% annual expansion in the first quarter of 2018.
In the second quarter, alike the first, external demand had a positive effect on Slovenia's economic growth.
Exports increased by 9.3%, exports of goods went up by 9.1% and exports of services added 10.5%. Imports increased by 8.3%, imports of goods went up by 8.6% and imports of services gained 6.1%.
The external trade surplus contributed 1.7 percentage points to the economic growth.