Slovenia Industrial Output Shrinks Less in May

Manufacturing

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Slovenia's industrial production fell 4.9% year-on-year in May, following a downwardly revised 9.8% decrease in the prior month, the Ljubljana-based Statistical Bureau of Slovenia (SURS) said in a statement on Monday.

Industrial output dropped less for mining & quarrying (-20.2% vs -31.1% in April) and manufacturing (-1.8% vs -7.7%).

Conversely, production continued to decline for electricity, gas, steam & air conditioning supply (-37% vs -27.8%).

On a seasonally adjusted monthly basis, industrial output grew 7.9%, rebounding sharply from a downwardly revised 8.7% slump in April. 

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