Slovenia’s economic sentiment remains unchanged in December

By bne IntelliNews January 4, 2015

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

Related Articles

Slovenian pharma giant Krka to launch joint venture in China

Slovenia's largest drug maker Krka announced on September 21 that it is going to increase its presence in China by establishing a joint ... more

Balkan baker Don Don to continue regional expansion with new Serbian facility

Don Don, a regional bakery group founded in Slovenia but active throughout the Western Balkans, will open a new production facility in the eastern Serbian town of Zajecar in spring 2018, Ales ... more

Slovenia’s President Pahor likely to be re-elected in October

Slovenia’s President Borut Pahor will likely be re-elected in the October 22 presidential elections, according to an opinion poll by daily Delo.  As in all ex-Yugoslavian republics, the ... more