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

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