Slovenia: Economic sentiment improves in July
Latest reading: Economic sentiment rose to 96.7 in July from June’s 95.5. 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 healthier sentiment in the industrial sector and improved confidence in the construction plus retail sectors. Meanwhile, confidence in the services sector cooled, and sentiment among consumers deteriorated.
Considering indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in July.