Business News


Industrial Output Down 2% in July

Ljubljana, 09 September (STA) - Slovenia's industrial output was down 2% in July compared to the previous month, while it increased by the same amount over July 2010. The industrial output in the first seven months grew by 6% over the same period last year, announced the Statistics Office on Friday.

Compared to the previous month, the output in July was up in electricity, gas and steam supply (by 3%), and mining and quarrying (by almost 3%), while manufacturing recorded a 3% decrease.

Year-on-year, the output was up by almost 2% in manufacturing and in electricity, gas and steam supply by almost 6%, but down by almost 8% in mining and quarrying.

Mining and quarrying also recorded a contraction in the first seven months of 2011, while the output in the other two activities increased over the same period.

All the main industrial groupings recorded a slight decrease in July over June 2011. Capital goods industries were down by almost 1%, consumer goods industries were down by 0.4%, and intermediate goods industries recorded a 0.1% fall.

Year-on-year comparison shows that industrial output in July was up by 0.6% in intermediate goods industries and up by almost 7% in consumer goods industries, while the decrease in capital goods industries stood at 0.5%.

Industrial output increased in all three main industrial groupings in the first seven months of 2011.

Stocks of industrial products were by 2% higher in July over June and up over 7% year-on-year. In the first seven months, the stocks were up by 2% compared to the same period last year.

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