Slovenia Consumer Confidence Steady at 1-Year High
Image by Pixabay
Slovenia's consumer confidence indicator remained unchanged in May, after decreasing by 1 percentage point (pp) in the preceding month, the Ljubljana-based Statistics Bureau of Slovenia (SURS) said. In annual terms, consumer confidence grew by 2 pp in May.
Consumers' expectations for major purchases improved and about households' finances improved by 2 pp and 1 pp on a monthly level, respectively.
Only the indicator of current households' finances slightly deteriorated, by 1 percentage point.
The annual increase in the value of the confidence indicator resulted from more optimistic consumer expectations about households' finances, up 10 pp and about the country's economy, up 6 percentage points.
On the other hand, opinions on current households' finances deteriorated by 9 percentage points. The indicator of expectations about major purchases remained flat.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.