News
IMAD strives to inform the public of its work on a regular basis. In the News section you will find our responses to developments in Slovenia and internationally, our comments on key economic indicators and the main messages of our publications. You can subscribe to our e-mail alerts of news updates and new publications by providing your e-mail address.
Slovenian Economic Mirror: Above-average deterioration in cost competitiveness and loss in market share during the crisis
International institutions revised downwards again the estimates for euro area economic growth in 2013 and 2014 in their spring forecasts. The IMF and the European Commission expect the recession in the euro area to continue (-0.3% and -0.4%…
Slovenian Economic Mirror: Deterioration in the situation on the labour market; increasingly unfavourable ratio of minimum wage to average wage
At the beginning of this year the adverse economic situation in the euro area continued and the risk of a deepening of the sovereign debt crisis increased. The values of most short-term indicators of economic activity declined in January and judging…
Spring Forecast: this year 1.9% decline in GDP and deterioration of the labour market situation
After two years of modest growth, last year economic activity in Slovenia declined by 2.3%. As exports stagnated, last year’s drop in gross domestic product was the result of a pronounced decline in domestic consumption. The recovery in exports came…
Slovenian Econimic Mirror: The labour market situation continues to deteriorate
In Q4 2012, euro area GDP recorded its third drop in a row, and in February, the EC lowered its forecasts for economic activity. Euro area GDP was down 0.6% in the last quarter of 2012. The EC's winter forecast predicts that real GDP in the euro area…
Slovenian Economic Mirror: the situation on EMU financial markets improved slightly; short-term indicators remain tight
Towards the end of 2012 economic activity in the euro area decelerated further but the situation on financial markets improved slightly. In November manufacturing output and the value of construction works in the euro area contracted again, whereas…
Slovenian Economic Mirror: economic conditions remained tight at the end of the year; the labour market situtation deteriorated more notably
At the beginning of the last quarter of 2012, economic activity in the euro area declined further and expectations regarding the recovery remained low. Activity in manufacturing and construction and turnover in retail trade dropped again in October,…
Slovenian Economic Mirror: a further deterioration of the situation in the labour market and in the financial system
GDP in the euro area dropped again in the third quarter, and in November the EC and OECD revised downwards their forecasts for economic activity for this year and 2013. The slight decline of economic activity in the euro area was in line with the…
Slovenian Economic Mirror: different adjustment of wages and employment in the public and private sectors during the economic crisis
Low economic activity in the euro area is expected to continue in the third quarter of this year and the IMF downgraded somewhat its projections for global economic growth in its latest forecast for this year and 2013. Contrary to expectations, the…
Slovenian Economic Mirror: Amid the ongoing tight conditions, increase in structural balances on the labour market
Economic activity in the euro area declined in the second quarter, and similar movements are also expected to continue in the second half of the year. Growth in exports, which made a positive contribution to GDP growth in the second quarter, is…
Autumn Forecast: A shrinkage of economic activity and a tightening of labour market conditions this year and the next
After growth in 2011, the recovery of economic activity was interrupted in the first half of 2012. In Q2, GDP dropped 3.2% y-o-y, recording one of the largest drops in the euro area. Domestic consumption, i.e. household and government consumption and…