Sentiment indicator, Slovenia, November 2020

Economic sentiment worsened in November 2020

In November 2020, the sentiment indicator was 6.8 p.p. lower at the monthly level and 16.0 p.p. lower at the annual level.

  • 11/24/2020
  • |
  • final data
The sentiment indicator lower for the second time in a row

In November 2020, the value of the sentiment indicator (at -13.8 percentage points – p.p.) decreased by 6.8 p.p. compared to October 2020 (at -7.0 p.p.). 

The monthly decrease was influenced by all confidence indicators: in services (by 4.0 p.p.), among consumers (by 1.1 p.p.), in manufacturing (by 0.8 p.p.), in retail trade (by 0.6 p.p.) and in construction (by 0.2 p.p.).

Significant deterioration at the annual level

In November 2020, the value of the sentiment indicator decreased by 16.0 p.p. over November 2019.

The confidence indicator in services had the greatest impact (by 10.9 p.p.) on the deterioration of the sentiment indicator at the annual level. The confidence indicators among consumers (by 4.4 p.p.), in retail trade (by 0.9 p.p.) and in construction (by 0.6 p.p.) also had a negative impact. The manufacturing confidence indicator had a positive impact (by 0.7 p.p.).

 

Sentiment indicator, Slovenia, January 2005–November 2020
Sentiment indicator, Slovenia, January 2005–November 2020
Source: SURS

Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, November 2020
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, November 2020
Source: SURS

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

Data are seasonally adjusted.

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