Slovenia's consumer sentiment slightly improves in Nov

The consumer confidence indicator rose in November due to more optimistic expectations of consumers about Slovenia's economy (+3 p.p.). Expectations about household finances and their savings increased by 1 p.p. each, while consumer expectations about the unemployment rate slightly decreased by 2 p.p., the office of statistics said.

The value of Slovenia's consumer confidence indicator decreased by 6 p.p. compared to November last year, and was 2 p.p. below last year’s average.

The confidence indicator decreased mainly because of the much more pessimistic expectations of consumers about the country’s economy, down by 17 p.p. and about the number of the unemployed, down by 12 p.p. On the other hand, the consumers’ expectations about their savings and about the household finances improved compared to November 2017 (by 3 p.p. and 2 p.p., respectively).