Slovenia’s consumer sentiment improves for third straight month in July
Photo by AlexLMX / Shutterstock.com
Slovenia’s consumer confidence indicator increased by a monthly three percentage points in July, climbing higher for a third month in a row from the all-time low it touched in April, data released by the Statistics Bureau of the Republic of Slovenia (SURS) shows.
However, consumer confidence was down by 26 p.p. in annual terms in July, remaining 23 p.p. below last year’s average, the Ljubljana-based office said.
All four index components improved in monthly terms in July, with the household financial expectations and the savings expectations advancing by 4 p.p. each, the expectations about the level of unemployment adding 3 p.p., and the expectations about the country’s economy rising by 2 p.p., the statement read.
Three of the four index components deteriorated in annual terms in July, including a drop of 52 p.p. in unemployment expectations, a 41 p.p. decline in the expectations about the country’s economy, and a 12 p.p. drop in the household financial expectations. At the same time, savings expectations improved by 2 p.p., SURS said on July 23.
ADVERTISEMENT
Continental Dohányipari Revenue Nears HUF 64 bln in 2022
Parl't Approves Amendments to Legislation on Judiciary
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.
