March 23 (SeeNews) - Slovenia’s consumer confidence indicator grew by 1 percentage point (pp) in March, after rising by the same rate in the preceding month, the country's statistical office said on Thursday.
In annual terms, consumer confidence also improved by 1 pp in March, the statistical office said in a statement posted on its website.
The monthly increase in the confidence indicator resulted from more optimistic consumer expectations about the country’s economy, up 4 pps, households’ finances, up 2 pps, and opinions on current households’ finances, up 1 pp. Only expectations about major purchases were more pessimistic, as they declined by 3 pps.
On an annual basis, consumers' expectations about the country’s economy and about households’ finances increased by 14 pps and 8 pps, respectively. On the other hand, the indicators of current households' finances deteriorated by 11 pps and expectations for major purchases by 8 pps.