Slovenia: Economic sentiment improves in March
Economic sentiment rose to 95.6 in March from February’s 95.5. That said, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier sentiment in the industrial sector, and stronger confidence in the construction sector. Moreover, consumer sentiment increased in March. Meanwhile, confidence in the services and retail sectors cooled in the surveyed month.
Relating to indicators that are not used to calculate the index, employment expectations were healthier, and the economic uncertainty index rose in March.