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Slovenia Economic Sentiment April 2024

Slovenia: Economic sentiment rises to 16-month high in April

Economic sentiment came in at 97.4 in April, up from March’s 95.7. April’s result marked the best reading since December 2022. 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 stronger sentiment in the industrial sector and among consumers. Moreover, confidence in the retail sector improved. That said, confidence in the construction sector deteriorated. Meanwhile, confidence in the services sector remained unchanged in April.

Considering indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in April.

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