Slovenia’s economic sentiment index remained unchanged in December after slightly deteriorating in November when it broke a two-month recovery string, the results from the statistics office’s business tendency and consumer surveys showed on December 29.
The combined sentiment indicator measured 0 in December, the same as in November, but significantly better than December 2013's mark of minus 12 points.
Compared to November, consumer confidence improved slightly and there was also a small improvement in the manufacturing and construction confidence sub-indicators in December. By contrast, retail trade confidence deteriorated, while services sector confidence remained unchanged.
Compared to December 2013, economic sentiment saw a significant recovery in all subsections, especially in consumer confidence, retail trade and services.
Compared to the long-term average, December’s sentiment indicator was up by 3 points, similar to the previous month.
Business and consumer indicators | Dec'14 | Nov'14 | Dec'13 | long-term average |
Economic sentiment indicator | 0 | 0 | -12 | -3 |
Consumer confidence indicator | -19 | -20 | -33 | N.A. |
Confidence indicator in manufacturing | 4 | 2 | 0 | -2 |
Confidence indicator in retail trade | 12 | 19 | -2 | 8 |
Confidence indicator in services | 10 | 10 | -11 | 12 |
Confidence indicator in construction | -12 | -13 | -18 | -18 |
Source: Statistics office |
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