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Slovenia's economic growth in the first quarter of 2018

Slovenian GDP in the first quarter grew by 4.6% compared to the same period last year, while the statistical office determined the highest growth rate of domestic consumption after 2008 (+ 5.3% year on year)

The main areas of domestic demand in Slovenia turned out to be: private and public consumption and investments, they grew by 14.7%, which is seven percentage points more than in the last quarter.

 

Gross investment in fixed assets, on the other hand, increased by 9.1% year on year, which is 2.8 percentage points less than last quarter and four percentage points less than in the first quarter of 2017.

 

 

Investments in the construction

 

Investments in the construction of buildings and structures in Slovenia increased by 12.6%, of which:
- investments in non-residential buildings increased by + 15.6%
- investments in the construction of residential buildings increased by + 4.5%.

 

Growth of enterprises investments in machinery and equipment increased by +7.5%.

 

Private consumption grew by + 3.4%

 

Labor market

 

Strong economic dynamism continues to be reflected in the labor market. Most of the people in this quarter were employed in manufacturing, construction, professional, scientific and technical activities and in the field of transport and trade.


At the end of May, 76.705 unemployed were registered in the employment service, which is 2.4% less than in the previous month and 12.5% ​​less than in May last year.

 

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