Consumer survey, January 2023

Unfavourable consumer sentiment at the beginning of the year

The value of the confidence indicator decreased this month after three months of growth at the end of the previous year. It is also lower at the annual level.

  • 20 January 2023 at 10:30
  • |
  • final data
Consumer sentiment worse than in the previous month

The consumer confidence indicator deteriorated over December by 4 percentage points (p.p.) and was 13 p.p. below the long-term average.

All four components of the consumer confidence indicator worsened at the monthly level: current households’ finances by 6 p.p., and all other indicators (expectations about households’ finances, about the country’s economy, and for major purchases) by 3 p.p. each.

Decline also at the annual level

The value of the consumer confidence indicator was 11 p.p. lower than in last year’s January.

All four components of the confidence indicator deteriorated at the annual level as well: current households’ finances by 13 p.p., expectations about the country’s economy also by 13 p.p., expectations for major purchases by 11 p.p., and expectations about households’ finances by 6 p.p.

Higher expectations about home improvement

The consumers’ expectations about home improvements improved compared to October 2022 by 4 p.p. Expectations about car purchase also improved (by 1 p.p.), while expectations about home purchase deteriorated (by 1 p.p.).

Tables with the latest data are available in the SiStat Database.
Consumer confidence indicator, Slovenia, January 2005–January 2023
Consumer confidence indicator, Slovenia, January 2005–January 2023
Monthly changes of consumer opinion indicators, Slovenia, January 2023
Monthly changes of consumer opinion indicators, Slovenia, January 2023
METHODOLOGICAL NOTE
Data are seasonally adjusted.

The data are based on the Consumer Survey, which was answered by 918 persons between 1 and 15 January 2023.

The business surveys are co-financed by the European Commission. However, the European Commission accepts no responsibility or liability whatsoever with regard to the material published in this document.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.