Business Sentiment Boosted by 12 Points in a Year

Ljubljana, 29 December - Slovenian business are much more upbeat in their outlook at the end of the year than they were a year ago with the business sentiment indicator up 12 percentage points in December year-on-year.

Photo: Tamino Petelinšek/STA

Data released by the Statistics Office on Monday puts the business sentiment indicator at 0%, meaning the proportion of positive assessments is the same as the proportion of negative ones.

The indicator was up 12 percentage points from December 2013 and three points above the long-term average, while remaining flat compared with the November figure.

The increase was chiefly due to improved confidence in the manufacturing sector, where the indicator was up two points from November, up four points from December 2013 and up 6 points from long-term average.

The retail indicator was down 7 points from November, but up 14 points from December 2013 and up four points from long-term average.

The construction indicator was up one point from the month before, up six points from a year ago and up six points from the long-term average.

Meanwhile, the services indicator was flat for the third month running, while being 21 points above the December 2013 figure and two points below the long-term average.

Consumer confidence also improved; the index gained 14 percentage points year-on-year.

© STA, 2014