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Slovenia:exports drive growth,trade surplus hits record high

GDP in line with Commission forecasts, up 4.7%

01 December, 11:20
(ANSA) - LJUBLJANA - Slovenia's GDP increased by 4.9% in the third quarter compared to the same period of 2016 and grew by 1% over the second quarter, according to the country's National Statistical Office (Surs). The office said Slovenia is on the right track to meet the forecasts of the European Commission for a GDP growth between 4.7 and 4.9%. Exports rose by 12%, much faster than imports (10%), leading to a trade surplus of 11.6%, the highest level ever. Growth in private consumption and employment continues, with nearly a million people employed, especially in the manufacturing and business sectors. (ANSA).

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