Sentiment indicator, Slovenia, January 2021

Economic sentiment up in January 2021

In January 2021, the sentiment indicator was 2.2 p.p. higher at the monthly level but 11.1 p.p. lower at the annual level.

  • 25 January 2021 at 10:30
  • |
  • final data

The sentiment indicator improved

In January 2021, the value of the sentiment indicator (at −7.1 percentage points – p.p.) increased by 2.2 p.p. compared to December 2020 (at −9.3 p.p.).

The monthly increase was influenced by all confidence indicators, except one. The following indicators had a positive influence: the confidence indicator in manufacturing (by 1.5 p.p.), in services (by 1.3 p.p.), among consumers and in construction (by 0.1 p.p. each). The impact of the retail trade confidence indicator was negative (by 0.7 p.p.).

Significant deterioration at the annual level for several months

In January 2021, the value of the sentiment indicator decreased by 11.1 p.p. over January 2020.

The decline in the economic sentiment on an annual basis was influenced by all indicators, except the manufacturing confidence indicator (which was 2.5 p.p. higher). The confidence indicator in services (by 7.7 p.p.) and the consumer confidence indicator (by 3.6 p. p.) had the largest impact, followed by the confidence indicator in retail trade (by 2.0 p.p.) and the confidence indicator in construction (by 0.2 p.p.).

Sentiment indicator, Slovenia, January 2005–January 2021
Sentiment indicator, Slovenia, January 2005–January 2021
Source: SURS
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, January 2021
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, January 2021
Source: SURS
METHODOLOGICAL NOTE
Some totals and subtractions do not add up due to rounding.

Data are seasonally adjusted.

Due to the changed composition of the consumer confidence indicator, the sentiment indicator was recalculated. More information can be found in Methodological explanations.
Visit our SiStat database.