Sentiment indicator, May 2023

The sentiment indicator slightly down

The economic sentiment has been slowly deteriorating since December; this time it fell by 0.2 of a percentage point at the monthly level.

  • 25 May 2023 at 10:30
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  • final data
  • Barbara Čertanec, Karmen Ješe Malovrh, Žiga Jevnikar
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Down for the fifth consecutive month

The value of the sentiment indicator was at −2.9 percentage points (p.p.), 0.2 p.p. lower than in the previous month (at −2.7 p.p.).

Confidence indicators in retail trade (by 0.2 p.p.), and in manufacturing and construction (each by 0.1 p.p.) had a negative impact. The change was positively influenced by indicators among consumers and in services (by 0.2 and 0.1 p.p., respectively).

Deterioration also at the annual level

At the annual level, the value of the economic sentiment indicator was lower by 5.5 p.p.

The decrease was influenced by the lower values of four out of five indicators: the most in manufacturing (by 4.4 p.p.) and less in retail trade (by 0.7 p.p.), construction (by 0.6 p.p.), and services (by 0.2 p.p.). Only the confidence indicator among consumers had a slightly positive impact (by 0.3 p.p.).

The table with the latest data is available in the SiStat Database.
Sentiment indicator, Slovenia, January 2005–May 2023
Sentiment indicator, Slovenia, January 2005–May 2023
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, May 2023
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, May 2023
METHODOLOGICAL NOTE
Some totals and subtractions do not add up due to rounding.

Data are seasonally adjusted.

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.