Slovenian Economic Mirror
Slovenian Economic Mirror
Slovenian Economic Mirror - July 2007
Contents
In the Spotlight | As favourable trends in the labour market continue, some companies report labour shortages as a limiting factor to production |
International Environment - EMU & USA | Economic trends in the euro area remain favourable; the US economy not likely to recover until 2008 |
Balance of Payments | High April's imports widened the current account deficit |
Price Trends & Policy | The increase in year-on-year inflation in June over December largely caused by food price rises |
Money Market - Household Savings | May's payments of holiday allowances resulted in stronger growth of household deposits in banks |
Money Market - Loans | The monthly borrowing of the banking sector abroad reached its historically highest level due to the substantial borrowing of a major bank |
Stock Exchange | The highest quarterly growth of SBI20 in ten years |
General Government Revenue | Relatively modest real growth of general government revenue in the first half of 2007 due to the new tax legislation and the structure of economic growth |
Labour Market | The highest increase in employment again recorded in construction in May |
Earnings | A new minimum wage amount of EUR 538.53 fixed for the period from 1 August 2007 onwards |
Manufacturing | Lower year-on-year growth of industrial production in May |
Transport | Faster growth of railway freight transport rather exceptional; road freight transport is rising at a faster pace |
Energy Sector | Higher net electricity imports required again in Q2 of 2007 |
Selected topics | |
Earnings in the Public Sector | The higher wage rises in the public sector planned in 2008-2010 will not jeopardise the main macroeconomic balances |
Data, Main Indicators, International Comparisons, Graphs |