Business News


New Boost in Consumer Confidence

Ljubljana, 23 June (STA) - Consumer confidence in Slovenia improved for the second month running in June, gaining 2 percentage points from the month before and as much as 16 points year-on-year, according to the Statistics Office.

The monthly boost in index is the product of upbeat outlook for the financial standing of households, the economic situation in the county and opportunities for saving over the next 12 months.

Meanwhile, the consumer confidence index was impacted negatively by more pessimistic expectations for unemployment trends over the coming 12 months.

Male respondents were more upbeat then female in all the four above elements, while the most optimistic age group was the 16-29-year-olds, against the 30-49-year-olds, who were the most pessimistic.

Compared to June 2013, consumers were more optimistic in all four above forecasts, except for the opportunities for saving over the next 12 months, where the sentiment was level.

Of the 12 indicators making up the index, the biggest monthly improvement was with regard to price trends over the next 12 months, which was up 14 percentage points; it rose 31 points year-on-year.

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