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Slovenia's GDP growth slows to 2.3% y/y in Q3 - stats office

Author Iskra Pavlova
Slovenia's GDP growth slows to 2.3% y/y in Q3 - stats office Source: Slovenian government

LJUBLJANA (Slovenia), November 29 (SeeNews) – Slovenia's gross domestic product (GDP) growth slowed to 2.3% year-on-year in the third quarter from 2.5% in the preceding three-month period, the statistical office said on Friday.

On a seasonally adjusted basis, Slovenia's July-September GDP expanded by 0.8% over the previous quarter and grew by 2.0% over the third quarter of 2018, the statistical office said in a statement.

Domestic expenditure rose by 3.8% year-on-year in the third quarter of 2019.

Final consumption grew by 3.7%, as household consumption increased by 4.3% and government consumption rose 1.8%.

In the third quarter of 2019, imports of goods and services grew faster than exports. Imports increased by 6.7% year-on-year, whereas exports added 4.5%.

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