Business tendency, Slovenia, June 2017

In June 2017 confidence in retail trade, construction and manufacturing higher than in May

Compared to the previous month, in June 2017 confidence in retail trade, construction and manufacturing increased, while in services it decreased.

  • 23 June 2017 at 10:30
  • |
  • final data
Manufacturing confidence indicator higher than in the previous month
In June 2017, the manufacturing confidence indicator was 3 percentage points (p.p.) higher than in May 2017. Compared to June 2016 it increased by 4 p.p. and was 10 p.p. above the long-term average. The improvement of the confidence indicator in June was influenced mostly by the overall order books indicator, whose value increased by 9 p.p.
The values of the situation indicators mostly increased, most notably the production indicator (by 15 p.p.).
The values of the expectation indicators also mostly increased. The values of the expected export order books indicator and the expected total demand indicator increased the most (by 7 and 6 p.p., respectively).

Retail trade confidence indicator higher than in the previous month
In June 2017 the retail trade confidence indicator was 21 p.p. higher than in May 2017. Compared to June 2016 it increased by 15 p.p. and was 22 p.p. above the long-term average. The increase in the confidence indicator in June was influenced mostly by the volume of stocks indicator and the sales indicator.
Among the situation indicators, the volume of stocks indicator and the business situation indicator decreased, while the sales indicator increased compared to the previous month. The selling prices indicator remained unchanged. The expectation indicators mostly increased compared to the previous month, except the expected orders indicator and the expected sales indicator.

Construction confidence indicator higher than in the previous month
In June 2017 the construction confidence indicator was 5 p.p. higher than in May 2017. Compared to June 2016 it increased by 27 p.p. and was 32 p.p. above the long-term average. The increase in the confidence indicator in June was influenced mostly by the overall order books indicator.
The situation indicators and the expectation indicators increased compared to the previous month. The assessment of building activity indicator increased the most (by 9 p.p.), while the expected price indicator increased the least (by 1 p.p.).

Services confidence indicator lower than in the previous month
In June 2017 the services confidence indicator was 1 p.p. lower than in May 2017. Compared to June 2016 it increased by 5 p.p. and was 14 p.p. above the long-term average.
The situation indicators and the expectation indicators mostly increased compared to the previous month, except the business situation indicator and the demand indicator, which had influence on the confidence indicator.
Chart 1: Monthly changes in the value of confidence indicators, Slovenia, June 2017
Chart 1: Monthly changes in the value of confidence indicators, Slovenia, June 2017
Source: SURS
METHODOLOGICAL NOTE
Data are seasonally adjusted.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.