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Slovenia: 2017 GDP climbed up to 4.4%, pre-crisis levels

For 2018 a 3.9% growth is expected, compared to previous 3.2%

23 September, 10:17
(ANSA) - LUBIANA - Slovenia's GDP could grow this year by 4.4%, 0.8% more than initially expected. The head of the National Office for Macroeconomic Analysis and Development (Umar), Botani Vasle, announced at a press conference, revising the spring estimates upwards.

Positive forecast for 2018, with a up 3.9% compared to previous 3.2%. Adjustments to forecasts are due to the main macroeconomic indicators in the fields both of production and labour, driven basically by a widespread recovery across the eurozone and a rise in consumer expectations and confidence. As is characteristic of the Slovenian economy, this momentum is driven by exports, which are growing due to increasing demand in foreign markets and greater efficiency. If these trends continue, Vasle said, Slovenia will be able to return to pre-crisis levels of growth and development. (ANSA).

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