Republic of Slovenia : Staff Report for the 2004 Article IV Consultation

1SVNEA0032004 Image
Price:  $15.00

Release Date: © May, 2004
ISBN : 978-1-45183-574-8
Stock #: 1SVNEA0032004
English
Stock Status: On back-order

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Description

This 2004 Article IV Consultation highlights that domestic demand in Slovenia rebounded strongly in 2003 after three anemic years. All components of domestic demand strengthened appreciably, fueled by declines in interest rates and the associated pickup in bank credit to the private sector. Progress with disinflation was better than expected. Year-over-year inflation declined from 7.2 percent at end-2002 to 3.5 percent in March 2004. IMF staff analysis suggests that the widening of the output gap associated with the economic slowdown was the dominant driving force behind disinflation in 2003.




More publications in this series: IMF Staff Country Reports