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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.

Ljubljana
Household consumption one of the drivers of Slovenia's annual economic growth in the first quarter of the year.
Photo: Jure Makovec/STA
File photo

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