Sentiment indicator, Slovenia, February 2020

The economic sentiment higher at the monthly level and lower at the annual level

In February 2020 the sentiment indicator was 1.1 percentage point higher at the monthly level and 3.9 percentage points lower at the annual level.

  • 2/24/2020
  • |
  • final data

The sentiment indicator at the monthly level higher

The value of the sentiment indicator in February 2020 (at 5.1 percentage points – p.p.) increased by 1.1 p.p. compared to January 2020 (at 4.0 p.p.).

The monthly increase was influenced by confidence indicators in retail trade (by 1.0 p.p.) and manufacturing (by 0.7 p.p.). On the other hand, there was a negative influence of the confidence indicators among consumers (by 0.4 p.p.), in services and in construction (each by 0.1 p.p.).


The economic sentiment at the annual level lower

In February 2020 the sentiment indicator decreased by 3.9 p.p. over February 2019.

The annual decline was influenced by four confidence indicators: among consumers (by 1.9 p.p.), in services (by 1.7 p.p.), in manufacturing (by 0.6 p.p.) and in construction (by 0.5 p.p.). The confidence indicator in retail trade had a positive influence (by 0.9 p.p.) on the monthly change of the sentiment indicator.

Sentiment indicator, Slovenia, January 2005–February 2020
Sentiment indicator, Slovenia, January 2005–February 2020
Source: SURS
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, February 2020
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, February 2020
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 and these can have an impact on the value of the sentiment indicator.
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