Slovenia Freight Transport Report 2016
BMI View: In 2016, Slovenia's freight sector will witness strong growth across the board as the improvedeconomic outlook for the eurozone will stimulate demand for Slovenian exports and improved domesticconsumption will drive a recovery in imports. Air and road freight will post the strongest growth rates, at7.2% and 5.6% respectively, as they will benefit directly from rising import levels. Meanwhile, rail freightgrowth will remain constrained by difficulties to find investors for infrastructure expansion, a trend whichwe believe will continue over the medium term.
We forecast the Slovenian economy to grow by 2.7% in 2016, up from 2.6% in 2015. Growth will come onthe back of good external demand for Slovenia's exports, supported by rising domestic consumption. Overour forecast period, the expansion rate will slow down to a yearly average of 2.3%, a rate which weconsider to be below potential as the long-standing issue of corporate leverage and poor health of thebanking sector will continue to weigh on performance of the economy.
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