January 23 (SeeNews) - Slovenia’s consumer confidence indicator climbed up by 6 percentage points (pps) on a monthly basis in January, after rising by 1 pp in December, the country's statistical office said on Monday.
In January, consumer sentiment reached the highest value in the entire observation period, which began in March 1996, the statistical office said.
The confidence indicator increased due to consumers' much more favourable expectations about the number of unemployed (up by 11 pps), the country’s economy (by 9 pps) and households’ finances (by 3 pps.), while expectations about savings remained the same.
The value of the consumer confidence indicator in January was 13 pps higher on an annual basis and 11 pps above last year’s average. In December, it gained 1 point.
The increase on an annual basis reflected consumers' more optimistic expectations about unemployment and the country’s economy (up by 18 pps each), about savings (by 9 pps) and about households’ finances (by 5 pps).