Slovenia: Economic sentiment picks up in May
Latest reading: Economic sentiment rose to 98.2 in May from April’s 97.8. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected improved sentiment among consumers and stronger confidence in the retail sector. Meanwhile, confidence in the services and construction sector cooled, and sentiment in the industrial sector waned.
Regarding indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in May.