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Slovenia's consumer sentiment declines in August

Author Radomir Ralev
Slovenia's consumer sentiment declines in August hxdbzxy/

LJUBLJANA (Slovenia), August 23 (SeeNews) – Slovenia’s consumer confidence indicator fell by a monthly 2 percentage points (pps) in August, after decreasing by 1 pp in the preceding month, the country's statistical office said.

In annual terms, consumer confidence was up by 2 pps in August, the statistical office said in a statement on Friday.

On a monthly level, expectations for major purchases went down by 7 pps and about households’ finances by 2 pps. On the other hand, expectations about the country’s economy increased by 3 pps.

The annual increase in the confidence indicator resulted mainly from more optimistic consumer expectations about the country’s economy, up 11 pps, and the consumer opinion on current households’ finances also improved by 1 pp. On the other hand, consumer expectations about households’ finances and major purchases worsened by 3 pps and by 1 pps, respectively.