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Business tendency, Slovenia, June 2019

In June 2019 manufacturing and retail trade confidence indicators decreased

In June 2019, manufacturing and retail trade confidence indicators decreased, the services confidence indicator slightly increased and the construction confidence indicator remained the same.

  • 6/21/2019
  • |
  • final data

Manufacturing confidence indicator lower at the monthly and at the annual level

In June 2019 the manufacturing confidence indicator decreased by 7 percentage points (p.p.) compared to the previous month and by 12 p.p. compared to June 2018. It was 4 p.p. below the long-term average.

At the monthly level all the indicators worsened except the stocks of finished products and selling price expectations indicators. The export order books and production expectations indicators worsened the most (by 17 p.p. or 11 p.p., respectively).

Retail trade confidence indicator lower than in the previous month

In June 2019 the retail trade confidence indicator was 7 p.p. lower than in May 2019. Compared to June 2018, it decreased by 4 p.p. and was 7 p.p. above the long-term average. The decrease in the confidence indicator was mostly influenced by the sales indicator.

The values of the majority of the situation and expectation indicators decreased, while the expected orders and expected sales indicators increased.

Construction confidence indicator remained the same at the monthly level and lower at the annual level

In June 2019 the construction confidence indicator remained the same as in the previous month and was 12 p.p. lower than in June 2018. It remained above the long-term average (by 26 p.p.).

At the monthly level the employment expectations indicator was higher by 4 p.p. and the overall order books indicator was lower by 2 p.p.

Services confidence indicator higher than in the previous month

In June 2019 the services confidence indicator was 1 p.p. higher than in May 2019, 4 p.p. lower than in June 2018 and 10 p.p. above the long-term average.

There were no significant changes in the situation and expectation indicators over the previous month.

Monthly changes in the value of confidence indicators, Slovenia, June 2019
Monthly changes in the value of confidence indicators, Slovenia, June 2019
Source: SURS
METHODOLOGICAL NOTE
Data are seasonally adjusted.
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