Slovenia Industrial Output Rebounds on Year in October
Photo by Oscar Sweep / Shutterstock.com
Slovenia's industrial production rose by 0.4% year-on-year in October, rebounding from a downwardly revised 5.1% drop in the previous month, data from the Ljubljana-based Statistics Bureau of Slovenia (SURS) on Monday show.
This marked the first increase in industrial activity after seven consecutive months of contraction, driven by a sharp rebound in the output for mining & quarrying (17.1% vs -0.6% in September).
At the same time, production decreased less for manufacturing (-0.1% vs -5.2%) and electricity, gas, steam & air conditioning supply (-11.5% vs -23%).
On a seasonally adjusted monthly basis, industrial output was unchanged in October, following an upwardly revised 5.3% gain in September.
Angela Saliba Appointed New Multi-Property GM of Marriott Hu...
EC Reconsiders Some CAP Provisions
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
