Slovenia: Industrial output dips in November
Latest reading: Industrial output fell 0.7% year on year in November (October: +3.6% yoy). Looking at the details of the release, the downturn came on the back of a deceleration in manufacturing plus mining and quarrying output growth.
On a seasonally adjusted monthly basis, industrial production fell 1.4% in November (October: +2.5% mom s.a.). Meanwhile, the trend improved slightly, with the annual average variation of industrial production coming in at minus 1.5%, up from October’s minus 1.7%.