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Sentiment indicator, Slovenia, May 2020

After a big drop in April, in May the sentiment indicator improved

In May 2020 the sentiment indicator was 6.5 percentage points higher at the monthly level and 40.8 percentage points lower at the annual level.

  • 5/25/2020
  • |
  • final data
  • Barbara Čertanec, Žiga Jevnikar, Branka Savičić Krstevski
  • |
  • Data inquiry

The sentiment indicator at the monthly level higher

The value of the sentiment indicator in May 2020 (at -33.1 percentage points – p.p.) increased by 6.5 p.p. compared to April 2020 (at -39.6 p.p.). It was 33.2 percentage points below the long-term average.

The monthly increase was influenced by almost all confidence indicators: in manufacturing (by 4.9 p.p.), among consumers (by 1.1 p.p.), in retail trade (by 0.3 p.p.) and in services (by 0.2 p.p.). The confidence indicator in construction had a negative influence (by 0.1 p.p.).

The economic sentiment at the annual level again significantly lower

In May 2020 the sentiment indicator decreased by 40.8 p.p. over May 2019.

The annual decline was influenced by all confidence indicators: in services (by 17.2 p.p.), in manufacturing (by 11.9 p.p.), among consumers (by 7.3 p.p.), in retail trade (by 2.4 p.p.) and in construction (by 2.0 p.p.).

Sentiment indicator, Slovenia, January 2005–May 2020
Sentiment indicator, Slovenia, January 2005–May 2020
Source: SURS
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, May 2020
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, May 2020
Source: SURS
METHODOLOGICAL NOTE
Due to the measures in force in the Republic of Slovenia for limiting the coronavirus (COVID-19) epidemic, SURS is faced with difficulties in data collection, checking and processing. In this situation SURS continues to be obliged to timely publication of data.

Some totals and subtractions do not add up due to rounding.

Data are seasonally adjusted.




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