Slovenia's industrial output stagnant

Ljubljana, 10 May (STA) - Slovenia's industrial output rose by 4.3% year-on-year in the first quarter, but monthly data released by the Statistics Office on Friday shows growth is slowing.

In March output was up 2.8% year-on-year, compared to annual growth of 5.8% in January and 4.3% in February. Compared to the month before, it declined by 0.6%.

Mining was the strongest performer, with output up almost a quarter over March 2018, while manufacturing grew by 3.5% and output in electricity and gas supply plunging by almost 7%.

Industrial revenue was 1% higher than a year ago, even though it was almost 2% lower than in February.

Inventories rose by 0.8% over February.