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Indices of industrial production, Slovenia, May 2020

The value of industrial production in May 2020 9.0% higher than in April 2020

In May 2020 the value of industrial production and turnover in industry increased significantly at the monthly level. At the annual level they both decreased for the third consecutive month.

  • 7/10/2020
  • |
  • provisional data
The value of industrial production in May 2020 higher at the monthly level, but at the annual level lower for three consecutive months

After two consecutive months of record lows (the 11.1% decrease in March 2020 and the 16.0% decrease in April 2020), the value of industrial production in May 2020 recovered at the monthly level. It was higher by 9.0%. Monthly growth of industrial production was influenced by the growth in manufacturing, where production grew by 10.2%. In electricity, gas, steam and air conditioning supply, and in mining and quarrying it declined slightly (by 0.1% and 1.1%, respectively).

At the annual level the decline in production continued. Compared to May 2019, the value of industrial production in May 2020 was lower by 16.9% (in March 2020 it was lower by 8.9% and in April 2020 by 24.2%).

In the main industrial groupings, the value of industrial production at the annual level increased in consumer goods industries (by 1.5%). It decreased in intermediate goods industries and in capital goods industries (by 22.4% and 23.5%, respectively).

Turnover in industry higher at the monthly level, the value of stocks lower

After the 14.8% decrease in March 2020 and the 21.9% decrease in April 2020, turnover in industry in May 2020 increased by 15.2% at the monthly level. It increased by 17.0% in the domestic market and by 16.2% in the non-domestic market.

Compared to May 2019, turnover in industry in May 2020 was lower by 20.5% (in March 2020 it was lower by 11.6% and in April 2020 by 31.7%). Turnover in May was lower by 10.5% in the domestic market and by 23.3% in the non-domestic market.

In the main industrial groupings, turnover of enterprises in capital goods industries grew the most (by 36.1%) at the monthly level. At the annual level it declined the most (by 28.3%) for the third consecutive month.

In May 2020 the value of stocks in industrial production was 0.6% lower than in April 2020 and 3.2% higher than in May 2019. At the monthly level the value of stocks increased in mining and quarrying (by 12.2%) and decreased in manufacturing (by 0.7%).
Industrial production indices, Slovenia (Ø 2015=100)
Industrial production indices, Slovenia (Ø 2015=100)
1) In the trend-cycle component the most recent data are unreliable (the end-point problem).
Source: SURS
Industrial production indices, Slovenia
V 20
IV 20 
V 20
V 19
I-V 20
I-V 19
V 20
 Ø 2015 
Industry - activities according to NACE Rev.2 (sections)109.083.189.9104.5
B Mining and quarrying98.992.685.993.7
C Manufacturing110.282.890.3106.4
D Electricity, gas, steam and air conditioning supply99.986.386.087.2
Main industrial groupings
A Intermediate goods industries101.877.686.090.9
  AE Energy related industries101.386.685.588.3
  AI Intermediate goods industries [except energy]102.975.686.391.0
B Capital goods industries117.576.583.7123.0
C Consumer goods industries116.8101.5102.0118.1
  CD Durable consumer goods industries143.497.595.3113.2
  CN Non-durable consumer goods industries106.7102.4103.4117.0
Technological intensity (Manufacturing)
VTZ High-technology manufacturing99.8112.0111.5145.2
SVTZ Medium-high-technology manufacturing122.476.684.597.8
SNTZ Medium-low-technology manufacturing100.474.486.1100.2
NTZ Low-technology manufacturing114.086.690.497.4
Source: SURS
Value indices of turnover in industry, Slovenia
V 20
IV 20 
V 20
V 19
I-V 20
I-V 19
V 20
 Ø 2015 
Industry - activities according to NACE Rev.2 (sections)115.279.587.3101.0
B Mining and quarrying100.581.588.392.3
C Manufacturing115.479.587.3101.2
Main industrial groupings
A Intermediate goods industries107.875.885.093.7
  AE Energy related industrieszzzz
  AI Intermediate goods industries [except energy]107.775.885.494.0
B Capital goods industries136.171.779.6109.1
C Consumer goods industries127.996.898.9119.6
  CD Durable consumer goods industries156.798.592.6105.5
  CN Non-durable consumer goods industries108.396.4100.7110.9
z confidential
Source: SURS
Value indices of stocks in industrial production, Slovenia
V 20
IV 20 
V 20
V 19
I-V 20
I-V 19
V 20
 Ø 2015 
Industry - activities according to NACE Rev.2 (sections)99.4103.2103.0136.2
B Mining and quarrying112.2109.2109.0161.0
C Manufacturing99.3103.1102.9136.0
Main industrial groupings
A Intermediate goods industries99.0100.599.8127.8
  AE Energy related industrieszzzz
  AI Intermediate goods industries [except energy]99.0100.199.8127.6
B Capital goods industries101.4100.799.8150.6
C Consumer goods industries99.9108.7109.2139.0
  CD Durable consumer goods industries98.6118.8118.9126.7
  CN Non-durable consumer goods industries99.8107.3108.2141.2
z confidential
Source: SURS
METHODOLOGICAL NOTE
Data are seasonally adjusted.

Data for 2019 are provisional. Final data for 2019 will be published not later than 10 August 2020.
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