Business News

Consumer Confidence Picks Up in September

Ljubljana, 23 September (STA) - Consumer confidence in Slovenia rose two points in September over the month before, but was still ten points lower than in September 2009, when it reached a two-year high. The September index was meanwhile four points higher than the 2009 average, the Statistics Office said on Thursday.

The monthly growth can mostly be attributed to greater optimism among consumers for the financial situation in their households in the coming 12 months.

The index concerning major purchases like furniture, appliances and electronics went up seven percentage points on the monthly basis in September and was three points higher than last year's average, but was still ten points below that of September 2009.

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