Business news

Consumer confidence keeps improving

Ljubljana, 18 February (STA) - Slovenia's consumer confidence continues to improve at monthly level for the third consecutive month in February, adding eight percentage points on January. It is still eight points below that from February 2020 but five points above last year's average, the Statistics Office said on Thursday.

The monthly improvement is a result of consumers being more optimistic in all four components of the consumer confidence indicator.

Expectations about the country's economy improved by 17 points, expectations about major purchases by six points, expectations about households' finances by five points and those about current households' finances by 4 points.

That consumer sentiment in Slovenia is improving is also confirmed by the fact that all indicators increased, except for the two about price movements, whereas unemployment expectations improved the most, by 18 points.

At the annual level, all four indicators comprising consumer confidence deteriorated: current households' finances by ten points, expectations about major purchases by eight, expectations about the country's economy by seven and those about households' finances by six points.