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Slovenia's consumer sentiment declines in July

Analysis

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Slovenia's consumer confidence indicator decreased by a monthly 1%age point (pp) in July, after rising by 1 pp in the preceding month, the Ljubljana-based Statistics Bureau of Slovenia (SURS) said.

In annual terms, consumer confidence was up by 10 percentage points (pp) in July. On a monthly level, expectations about the country's economy by 8 pp and about households' finances by 2 percentage points.

On the other hand, consumer opinion on current households' finances and expectations for major purchases improved by 4 pp and 2 pp, respectively. All four components of the consumer confidence indicator improved at the annual level.

Expectations about the country's economy grew by 19 pp, for major purchases by 11 pp, about households' finances by 5 pp, and about current households' finances by 2 percentage points.

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