Sentiment indicator, Slovenia, June 2016

In June 2016 the sentiment indicator higher at the monthly level and lower at the annual level

In June 2016 the sentiment indicator was 0.7 percentage points higher at the monthly level and 0.7 percentage points lower at the annual level.

  • 6/23/2016
  • |
  • final data
Sentiment indicator higher at the monthly level

In June 2016 (4.2 percentage points) the sentiment indicator was 0.7 percentage points higher than in May 2016 (3.5 percentage points). Compared to the long-term average, the indicator was 7.3 percentage points higher.

The sentiment indicator at the monthly level was higher due to the increase in the consumer confidence indicator (by 0.4 p.p.), the services confidence indicator and the retail trade confidence indicator (each by 0.2 p.p.) and the construction confidence indicator (by 0.1 p. p.). On the other hand, the lower value of the manufacturing confidence indicator (by 0.3 p.p.) reduced the rise of the sentiment indicator.

Sentiment indicator lower at the annual level

In June 2016 the sentiment indicator at the annual level decreased by 0.7 percentage points.

The sentiment indicator at the annual level was lower due to the decrease in the consumer confidence indicator (by 1.9 p.p.) and the manufacturing confidence indicator (by 0.3 p.p.). On the other hand, the higher values of the services confidence indicator (by 0.9 p.p.) and the retail trade confidence indicator (by 0.6 p.p.) reduced the fall of the sentiment indicator at the annual level, while the construction confidence indicator had no impact.
Chart 1: Sentiment indicator, Slovenia
Chart 1: Sentiment indicator, Slovenia
Source: SURS
Chart 2: Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, June 2016
Chart 2: Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, June 2016
Source: SURS
METHODOLOGICAL NOTE
Some totals and subtractions do not add up due to rounding.

The sentiment indicator is the weighted average of the confidence indicators in manufacturing, retail trade, construction, services and the consumer confidence indicator.

Data are seasonally adjusted.

In January 2016 methodological changes were implemented in the Consumer Survey, which have an impact on the value of the sentiment indicator.
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