
Macro - Country Economic Forecasts - Slovenia
Description
We lowered our 2025 GDP growth forecast for Slovenia by 1.2ppts to just 0.8% due to a large surprise contraction in Q1. We expect domestic demand to be the main growth driver, while net trade will be a drag. An escalation in trade tensions, a weaker labour market, and households saving rather than spending income gains present key risks. We expect growth of 2.5% in 2025.
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