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Dec 21, 2017 12:45 EEST
December 21 (SeeNews) - Slovenia’s consumer confidence indicator increased by 1 percentage point on a monthly basis in December, reaching the highest value in the observation period which began in 1996, the country's statistical office said on Thursday.
The confidence indicator remained unchanged month-on-month in November.
For the first time the value of the indicator was positive in December, which means that currently in Slovenia there are more optimistic than pessimistic consumers, the statistics office said.
The value of the indicator increased due to more optimistic expectations about the number of unemployed (by 3 p.p.), about household finances (by 2 p.p.) and about savings (by 1 p.p.), while consumers’ expectations about the country’s economy slightly declined (by 1 p.p.).
The value of the consumer confidence indicator improved by 10 p.p. compared to December last year, and was 15 p.p. above last year’s average.
All four component indicators had a positive impact on the annual change in the confidence indicator. Expectations about the unemployment level improved by 16 p.p., expectations about the country’s economy by 12 p.p., expectations about savings by 7 p.p. and expectations about households’ finances by 5 p.p.
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