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Industrial output up more than 7% in January-June period

Ljubljana, 10 August (STA) - Slovenia's industrial output expanded by 7.2% at the yearly level in January-June. Turnover expanded at a slightly slower pace, growing by 7.1% year-on-year, the Statistics Office said on Thursday.

In the first half of the year, industrial output increased in all industry groupings, with the highest increase recorded in capital goods (+9.9%) and the lowest in consumer goods (+4.9%).

The value of stocks of finished and unfinished products was up by 5.7% in the first six months of the year, compared to the same period last year.

In June alone, industrial output shrank by 0.8% at the monthly level, but was up 6.7% year-on-year.

At the monthly level, output fell by 8.8% in mining and quarrying, by 1.1% in electricity, gas and steam supply, and by 0.6% in manufacturing.

Industrial revenue edged down by 0.5% in June over May, with turnover in mining and quarrying dropping by 12.5%, but increasing by 1.4% in manufacturing.

On the other hand, turnover increased by 9% at the yearly level in June.

The value of stocks was slightly higher in June than in the month before and was up 6.3% when compared to June 2016.

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