November industrial output down 0.2% on monthly level, up 2.5% y/y

Ljubljana, 10 January (STA) - Slovenia's industrial output in November was down 0.2% over October and 2.5% higher year-on-year, while in the first 11 months of the year industry expanded by 5.6% year-on-year, the Statistics Office reported on Thursday.

Between January and the end of November, mining and quarrying recorded a 0.9% decrease year-on-year, manufacturing saw a 6.1% rise and gas and steam supply industries grew by 1.1%.

In November the value of industrial production increased by 0.9% over October in electricity, gas and main supply and stayed at the same level in manufacturing. In mining and quarrying it was down 31.3%, mostly due to the value of stocks.

Output increased in all main industrial groupings in January-November year-on-year, the most markedly in capital goods industries, by 12.5%.

The value of stocks of finished and unfinished production was 0.3% lower compared to October 2018 but 8.6% higher compared to November 2017.

Industrial turnover decreased 0.3% on the month before, while it was 1.4% higher than in November 2017.