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Slovenia’s Economy Seen Contracting for Fourth Quarter on Demand

Slovenia’s economy probably contracted for a fourth consecutive quarter from January to March on weakening domestic demand after the government’s austerity push and a drop in investments.

Gross domestic product shrank 2.9 percent from the same period in the previous year after a 3 percent drop in the last quarter of 2012, according the median estimate in a Bloomberg News survey of six economists. The statistics office will publish the data at tomorrow at 10:30 a.m. in the capital, Ljubljana.