September 1 (SeeNews) - Slovenia's economic output rose by a real 15.7% year-on-year in the second quarter of 2021 and by 1.9% compared to the first quarter, the statistical office said.
In the second quarter of 2021, gross fixed capital formation increased by 19.2%, mainly due to the increase in gross fixed capital formation in machinery and equipment by 43.2%, the statistical office said in a statement on Tuesday.
Household final consumption expenditure increased by 18.8% in the second quarter of 2021, exports grew by an annual 30.2%, while imports were up 34.9%.
The European Bank for Reconstruction and Development (EBRD) said in June it expects Slovenia's gross domestic product (GDP) is expected to increase by 5.0% in 2021, upgrading its September forecast of a 3.5% growth.