Business tendency, February 2025
Slight improvement of confidence in February
In February, the confidence indicators slightly improved in all four economic sectors.
In construction higher
The confidence indicator increased by 2 percentage points (p.p.) at the monthly level. Compared to February last year it was 1 p.p. lower and compared to the long-term average 14 p.p. higher.
Growth at the monthly level was mainly due to the overall order books indicator, which improved by 8 p.p., while the employment expectation indicator deteriorated by 3 p.p.
The labour hoarding indicator was lower at the monthly level by 2 p.p., higher at the annual level by 1 p.p. and compared to the long-term average lower by 9 p.p.
In manufacturing slightly higher …
The confidence indicator went up by 1 (p.p.) at the monthly level and by 3 p.p. at the annual level. Compared to the long-term average, it was 6 p.p. lower.
The confidence indicator improved due to the higher expected production indicator (by 3 p.p.), while the overall orders books indicator and the stock of finished productions indicator remained unchanged.
The labour hoarding indicator was higher at the monthly level by 2 p.p., lower at the annual level by 1 p.p. and equal to the long-term average.
… also in services …
The confidence indicator increased by 1 p.p. at the monthly level and it was 8 p.p. above the long-term average, but compared to the previous February it was lower by 2 p.p.
Most of the observed indicators deteriorated, except for the demand indicator, which improved by 7 p.p.
The labour hoarding indicator increased by 2 p.p. at the monthly level and by 3 p.p. at the annual level, and was equal to the long-term average.
… and in retail trade
The confidence indicator increased by 1 p.p. at the monthly level, by 11 p.p. at the annual level and by 9 p.p. compared to the long-term average.
The expected employment and volume of stocks indicators improved substantially (by 33 p.p. and 27 p.p., respectively), while the sales indicator deteriorated (by 24 p.p.).
The labour hoarding indicator increased by 1 p.p. at the monthly level, but decreased by 2 p.p. at the annual level and also compared to the long-term average.
Tables with the latest data are available in the SiStat Database.
The confidence indicator increased by 2 percentage points (p.p.) at the monthly level. Compared to February last year it was 1 p.p. lower and compared to the long-term average 14 p.p. higher.
Growth at the monthly level was mainly due to the overall order books indicator, which improved by 8 p.p., while the employment expectation indicator deteriorated by 3 p.p.
The labour hoarding indicator was lower at the monthly level by 2 p.p., higher at the annual level by 1 p.p. and compared to the long-term average lower by 9 p.p.
In manufacturing slightly higher …
The confidence indicator went up by 1 (p.p.) at the monthly level and by 3 p.p. at the annual level. Compared to the long-term average, it was 6 p.p. lower.
The confidence indicator improved due to the higher expected production indicator (by 3 p.p.), while the overall orders books indicator and the stock of finished productions indicator remained unchanged.
The labour hoarding indicator was higher at the monthly level by 2 p.p., lower at the annual level by 1 p.p. and equal to the long-term average.
… also in services …
The confidence indicator increased by 1 p.p. at the monthly level and it was 8 p.p. above the long-term average, but compared to the previous February it was lower by 2 p.p.
Most of the observed indicators deteriorated, except for the demand indicator, which improved by 7 p.p.
The labour hoarding indicator increased by 2 p.p. at the monthly level and by 3 p.p. at the annual level, and was equal to the long-term average.
… and in retail trade
The confidence indicator increased by 1 p.p. at the monthly level, by 11 p.p. at the annual level and by 9 p.p. compared to the long-term average.
The expected employment and volume of stocks indicators improved substantially (by 33 p.p. and 27 p.p., respectively), while the sales indicator deteriorated (by 24 p.p.).
The labour hoarding indicator increased by 1 p.p. at the monthly level, but decreased by 2 p.p. at the annual level and also compared to the long-term average.
Tables with the latest data are available in the SiStat Database.
Monthly changes in the value of confidence indicators, Slovenia, February 2025
METHODOLOGICAL NOTE
During the transition period after SKD 2025 (NACE Rev. 2.1) entering into force, statistical data will still be collected and published according to SKD 2008 (NACE Rev. 2). The transition periods will vary depending on the individual surveys.
Data are seasonally adjusted.
Additional explanations are available in the methodological explanations.
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.
Data are seasonally adjusted.
Additional explanations are available in the methodological explanations.
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.
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