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Industry expands by 7.2%

Ljubljana, 10 October (STA) - Slovenia's industrial output increased by 7.2% in the first eight months of the year compared with the same period a year ago, fresh data from the Statistics Office show.

In August alone the output rose by 1.4% on the month before and by 8.3% year-on-year.

The monthly growth was generated by the manufacturing sector and electricity, gas and steam supply (+1.6% both), while the output in mining and quarrying dropped by 10.5%.

Industrial revenue dropped by 0.6% compared with July, as turnover in manufacturing contracted by the same proportion. Turnover in mining and quarrying increased by 2.8%.

The value of stocks of finished and unfinished production in August was 1.3% up on July and 4.8% higher than a year ago.

Between January and August this year industrial enterprises generated 8% more turnover than in the same period of 2016, while the value of stocks increased by 5.6%.

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