Slovenia Industrial Output Drops in August
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Industrial production in Slovenia plunged 12.4% year-on-year in August, extending the downwardly revised 7% decrease in the previous month, data from the Ljubljana-based Statistics Bureau of Slovenia (SURS) on Tuesday show.
This marked the sixth straight month of falling industrial activity and the sharpest drop since May 2020, due to lower production in all three sectors: electricity, gas, steam & air conditioning supply (-24.5% vs -34.3% in July), manufacturing (-12.1% vs -6.1%), and mining & quarrying (-4.7% vs 0.1%).
On a seasonally adjusted monthly basis, industrial output fell 1.1%, easing from a downwardly revised 8% slump in July.
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