(MENAFN) According to preliminary economic data by the Statistics Office, Slovenia's gross domestic product (GDP) recorded 1.9 percent in the January-March period, Xinhua reported.
The latest GDP data was down by 0.3 percent compared with the fourth quarter of 2013, but expanded 1.5 percent on annual basis, driven mainly by rising exports.
The country's export grew by 4.7 percent, led by the growth of external demand of electrical devices and motor vehicles, according to an expert of the Statistics Office.
The International Monetary Fund expected that Slovenia's GDP growth will increase in April from 0.3 percent this year to 0.9 percent by 2015.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.