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Slovenia's economic sentiment index drops slightly m/m in August

Aug 25, 2017, 12:10:28 PMArticle by Maja Garaca
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August 25 (SeeNews) - Slovenia's economic sentiment index decreased by 0.1 percentage points month-on-month in August, to 11.3, after dropping by 0.9 points in July, seasonally adjusted data from the country's statistical office showed on Friday.

Slovenia's economic sentiment index drops slightly m/m in August
Author: Ken Teegardin. License: Creative Commons, Attribution 2.0 Generic.

On an annual comparison basis, the indicator was 4.8 percentage points higher in August, and 13.7 p.p. above the long-term average, the data indicated.

In August, the services confidence indicator was unchanged from July level. Compared to August last year, it increased by 7 p.p. and was 15 p.p. above the long-term average.

The manufacturing confidence indicator also remained month-on-month in August. Compared to a year earlier, it increased by 1 percentage point (p.p.) and was 9 p.p. above the long-term average.

In August, the retail trade confidence indicator was 5 p.p. lower than in July 2017. On an annual basis, it decreased by 6 p.p. and was 7 p.p. above the long-term average.

The construction confidence indicator was flat from a month earlier in August. Compared to August 2016, it increased by 25 p.p. and was 36 p.p. above the long-term average.

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