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Central bank expects economy to expand by 5.2% this year

Slovenia’s central bank has markedly upgraded its economic growth forecast for the country since December and is now projecting the economy to expand by 5.2% this year, up 2.1 percentage points, followed by a 4.8% growth in 2022, up from 4.5% forecast in December.

Further afield, Banka Slovenije has kept its projections unchanged, which means it still expects GDP growth to ease to 3.1% in 2023. Despite the upbeat forecast, Vice-Governor Jožef Bradeško highlighted the persistently demanding environment and great uncertainties.

By: P.T., STA

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