Slovenia: Economic sentiment increases in August
Latest reading: Economic sentiment came in at 98.4 in August, up from July’s 96.9. 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 in the industrial sector and among consumers. Moreover, confidence in the services sector strengthened in August. In contrast, sentiment in the construction sector waned, and confidence in the retail sector turned negative. Lastly, consumer confidence increased in August.
Relating to indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index fell in August.