Slovenia's economy grew at an annual rate of 9.8% in first quarter

Ljubljana, 16 May - Slovenia's economy expanded at an annual nominal rate of 9.8% in the first quarter of this year driven by household spending and capital expenditure. The seasonally adjusted rate was 9.6%. At the quarterly level GDP was up by 0.8%, a significant slowdown compared to the 5.3% recorded in the previous quarter, the Statistics Office said on Monday.