Ljubljana, 26 April (STA) - Business sentiment increased for the second month in succession in April. The seasonally-adjusted indicator was up 3 percentage points over the month before and 23 percentage points higher compared to the year before, the Statistics Office said on Monday. An imprevement in manufacturing confidence is considered a key reason.
Confidence in manufacturing increased by 3 percentage points compared to March 2010, up 31% over April 2009. In monthly comparison, the export order-books indicator increased the most, by as many as 12 percentage points. Expectations for the coming three months are positive.
In retail, confidence increased by 8 percentage points on monthly level and 23 percentage points year-on-year. Expectations for the coming three months also improved.
The seasonally-adjusted indicator in construction was meanwhile down 2 percentage points over the month before and 9 percentage points year-on-year. The main limiting factors were low demand and competition.
The confidence indicator in services gained 3 percentage points at monthly level and 20 percentage points in year-on-year comparison.
The situation and expectations indicators increased compared to March, except for the employment indicator, the office said.