Slovenia’s GDP up 16.3% y/y in second quarter

Ljubljana – Slovenia’s GDP increased by 16.3% in year-on-year comparison in the second quarter of the year, the Statistics Office reported on Tuesday. The growth was powered by household spending and gross investment. Foreign trade was up significantly as well. Gross investment in most fixed assets was up and it was up on average by 19.2% compared to the second quarter of 2020. Up the most (by 43.2%) was investment in machinery and equipment. An increase in inventories also added 3.4 percentage points to the GDP growth. Household spending was…

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