Consumer survey, March 2023
The value of the consumer confidence indicator slightly higher at the monthly and at the annual level
Consumer confidence is slowly improving at the beginning of the year, but remains at low levels. Expectations regarding price movements in the near future are decreasing.
Consumer confidence higher than in the previous month
The consumer confidence indicator improved over February by 1 percentage point (p.p.), but remained 11 p.p. below the long-term average.
The monthly increase in the confidence indicator resulted from more optimistic consumer expectations about the country’s economy (by 4 p.p.), households’ finances (by 2 p.p.), and opinions on current households’ finances (by 1 p.p.). Only expectations about major purchases were more pessimistic (by 3 p.p.).
Slight improvement also at the annual level
The value of the consumer confidence indicator was 1 p.p. higher than in March 2022.
Among its components, consumers’ expectations about the country’s economy and about households’ finances increased (by 14 and 8 p.p., respectively). On the other hand, the indicators current households’ finances and expectations for major purchases deteriorated (by 11 and 8 p.p., respectively).
In the last year, the value of the indicator of price trend over the next 12 months has been gradually decreasing and is lower by 39 percentage points compared to the value in previous March. This suggests that the number of consumers expecting a higher rate of inflation is decreasing. The majority of other indicators worsened at the annual level.
Tables with the latest data are available in the SiStat Database.
The consumer confidence indicator improved over February by 1 percentage point (p.p.), but remained 11 p.p. below the long-term average.
The monthly increase in the confidence indicator resulted from more optimistic consumer expectations about the country’s economy (by 4 p.p.), households’ finances (by 2 p.p.), and opinions on current households’ finances (by 1 p.p.). Only expectations about major purchases were more pessimistic (by 3 p.p.).
Slight improvement also at the annual level
The value of the consumer confidence indicator was 1 p.p. higher than in March 2022.
Among its components, consumers’ expectations about the country’s economy and about households’ finances increased (by 14 and 8 p.p., respectively). On the other hand, the indicators current households’ finances and expectations for major purchases deteriorated (by 11 and 8 p.p., respectively).
In the last year, the value of the indicator of price trend over the next 12 months has been gradually decreasing and is lower by 39 percentage points compared to the value in previous March. This suggests that the number of consumers expecting a higher rate of inflation is decreasing. The majority of other indicators worsened at the annual level.
Tables with the latest data are available in the SiStat Database.
Consumer confidence indicator, Slovenia, January 2005–March 2023
Monthly changes of consumer opinion indicators, Slovenia, March 2023
METHODOLOGICAL NOTE
Data are seasonally adjusted.
The data are based on the Consumer Survey, which was answered by 859 persons between 1 and 19 March 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.
The data are based on the Consumer Survey, which was answered by 859 persons between 1 and 19 March 2023.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.
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