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Slovenia consumer sentiment deteriorates in March

Analysis

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Slovenia's consumer confidence indicator deteriorated by a monthly 2 percentage points (pp) in March, after rising by 8 pp in the preceding month, the Ljubljana-based Statistics Bureau of Slovenia (SURS) said on Tuesday.

In annual terms, consumer confidence was down by 6 percentage points in March. Among the components of the confidence indicator, three decreased at the monthly level, namely expectations about the country's economy, which went down by 6 pp, expectations about households' finances, down by 2 pp, and expectations for major purchases, which declined by 1 percentage point. The indicator of current households' finances increased by 2 percentage points. All four components of the consumer sentiment indicator deteriorated at the annual level, with the expectations about current households' finances by 9 pp, expectations for major purchases by 6 pp, and expectations about the country's economy by 5 percentage points. 

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