Republic of Slovenia: Staff Report for the 2005 Article IV Consultation

International Monetary Fund

No 2005/253, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation highlights that Slovenia’s real GDP growth accelerated to 4½ percent in 2004 driven by a large positive swing in the contribution of net foreign demand, while domestic demand growth maintained momentum. Private consumption strengthened, though to a lesser extent than expected owing to an apparent increase in the propensity to save. Economic growth is expected to moderate to 4 percent in 2005, but would still be above estimates of potential. Domestic demand is expected to ease, owing to a further slowdown of inventory accumulation.

Keywords: ISCR; CR; euro; Maastricht inflation criterion; deficit; EMU convergence price index; inflation criterion; refinancing rate; upside inflation risk; Euro adoption target; inflation projection; foreign currency; Inflation; Wages; Europe; Global (search for similar items in EconPapers)
Pages: 60
Date: 2005-07-28
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