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Nov 30, 2017 11:59 EEST
November 30 (SeeNews) - Slovenia's economic growth slowed slightly to 4.5% year-on-year in the third quarter, compared with a revised increase of 4.6% in the previous quarter, the statistics office said on Thursday, citing non-seasonally adjusted data.
On a seasonally adjusted basis, Slovenia's gross domestic product (GDP) expanded by 1.0% over the previous quarter and grew by 4.9% over the third quarter of 2016, following a revised increase of 1.2% over the first quarter and a revised 5.4% growth over the second quarter of 2016 in the April-June period of 2017, the statistics office said in a statement.
In the third quarter, like in the second, external demand had a positive impact on economic growth. Exports increased by 12.0%; exports of goods went up by 12.6% and exports of services by 9.6%. Imports increased by 10.1%; imports of goods went up by 10.7% and imports of services by 7.2%.
The faster increase of exports than imports resulted in a record external trade surplus of 11.6% of the GDP, which is the highest share since the data was made available in 1995.
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