GDP Growth Robust but Heading for a Slowdown

Ljubljana, 9 November - The latest data suggest that the pace of GDP growth is as brisk as it was at the beginning of the year, however the Institute for Macroeconomic Analysis and Development (IMAD) believes the pace will slow down somewhat early next year, in particular due to the VAT hike in Germany.

Ljubljana, government building Janez Sustersic, the head of the Institute for Macroeconomic Analysis and Development (IMAD), expects strong growth until the end of the year followed by a moderate slowdown. Photo: Domen Groegl/STA

Ljubljana, government building
Janez Sustersic, the head of the Institute for Macroeconomic Analysis and Development (IMAD), expects strong growth until the end of the year followed by a moderate slowdown.
Photo: Domen Groegl/STA

Ljubljana, government building Janez Sustersic, the head of the Institute for Macroeconomic Analysis and Development (IMAD), expects strong growth until the end of the year followed by a moderate slowdown. Photo: Domen Groegl/STA

Ljubljana, government building
Janez Sustersic, the head of the Institute for Macroeconomic Analysis and Development (IMAD), expects strong growth until the end of the year followed by a moderate slowdown.
Photo: Domen Groegl/STA

Ljubljana, government building Janez Sustersic, the head of the Institute for Macroeconomic Analysis and Development (IMAD), expects strong growth until the end of the year followed by a moderate slowdown. Photo: Domen Groegl/STA

Ljubljana, government building
Janez Sustersic, the head of the Institute for Macroeconomic Analysis and Development (IMAD), expects strong growth until the end of the year followed by a moderate slowdown.
Photo: Domen Groegl/STA

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