Business News

Industrial Production Edges Higher in February

Ljubljana, 08 April (STA) - Slovenia's industrial output rose 1.7% in February compared to the month before and 7.7% year-on-year on the back of a strong performance by the manufacturing sector, the Statistics Office said on Friday.

Manufacturing saw output increase 7.9% year-on-year, while electricity, steam and gas supply expanded production by 5.8% and mining by just 0.8%.

Production was ramped up in all three main industrial groupings, rising nearly 10% in intermediate goods industries, more than 2% in consumer goods industries and almost 11% in capital goods industries.

The values of inventories of industrial products meanwhile edged 1.2% lower over the month before and dropped 3% year-on-year.

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