Sta: Economic Growth Accelerated to 1.7 Percent in the Third Quarter
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Slovenia's GDP in the third quarter of this year was 1.7 percent higher in real terms than in the same period last year. Economic growth has thus strengthened significantly compared to the second quarter of this year. In the first nine months of this year, the year-on-year growth of economic activity was 0.7 percent, the Statistical Office announced.
Slovenia's GDP in the third quarter of this year was 1.7 percent higher in real terms than in the same period last year. According to seasonally adjusted data, the year-on-year growth was 1.6 percent, and the quarterly growth was 0.8 percent. In the first nine months of this year, the year-on-year growth of economic activity was 0.7 percent, the National Statistical Office announced.
The deteriorating outlook for exports means that economic growth over the next two years will be below two percent, according to Statistics Iceland's new macroeconomic forecast published today. Domestic demand will be the main driver of economic growth this year. Investment will weaken next year, but private and public consumption will continue to grow. According to Statistics Iceland's forecast, economic growth will be 1.7 percent this year and…
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