Slovenia consumer sentiment worsens in October
Slovenia’s consumer confidence indicator fell by 2 percentage points on a monthly comparison basis in October, after decreasing by 4 pps in September, the Statistics Office of Slovenia (SURS) said in its monthly report.
The consumer confidence indicator fell in October due to more pessimistic expectations about the country’s economy and the number of unemployed, which worsened by 6 pps and 4 pps, respectively.
Consumers’ expectations about savings and households’ finances were more optimistic, up by 3 pps and 1 pp, respectively.
On an annual basis, the value of the consumer confidence indicator was 6 pps lower in October. Consumer sentiment also declined annually, mainly due to more pessimistic expectations about the number of unemployed and the country’s economy (16 pps and 9 pps down, respectively).
In the meantime, expectations about household finances declined slightly (by 1 pp), while expectations about savings improved by 3 pps, SURS said.
ADVERTISEMENT
MNB Monetary Council Leaves Base Rate on Hold
Hungarian Lawmakers Ratify Finland's NATO Accession
Visa Launches She’s Next Grant Program in Hungary
HIPA Awards 'Investors of the Year'
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.
