Sentiment indicator, Slovenia, July 2021

The economic sentiment down

In July 2021, the sentiment indicator was 2.2 percentage points lower at the monthly level and 22.6 percentage points higher at the annual level.

  • 23 July 2021 at 10:30
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  • final data
  • Barbara Čertanec, Karmen Ješe Malovrh, Žiga Jevnikar
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The sentiment indicator lower at the monthly level after seven months of growth

In July 2021, the value of the sentiment indicator (5.7 percentage points) was 2.2 percentage points (p.p.) lower than in June 2021 (7.9 p.p.), which is the first decrease this year.

The monthly decrease was influenced by all confidence indicators: in services by 1.2 p.p., in retail trade by 0.5 p.p., in manufacturing by 0.3 p.p., among consumers by 0.2 p.p., and in construction by 0.1 p.p.

The sentiment indicator higher at the annual level

Compared to July 2020, the sentiment indicator increased by 22.6 p.p. in July 2021.

The rise of the sentiment indicator at the annual level was mostly influenced by the confidence indicators in services (by 10.5 p.p.) and in manufacturing (by 8.6 p.p.). Confidence indicators among consumers (by 1.9 p.p), in construction (by 1.2 p.p.), and in retail trade (by 0.4 p.p.) also had a positive effect.
Sentiment indicator, Slovenia, January 2005–July 2021
Sentiment indicator, Slovenia, January 2005–July 2021
Source: SURS
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, July 2021
Impact of individual confidence indicators on the monthly change of the sentiment indicator, Slovenia, July 2021
Source: SURS
METHODOLOGICAL NOTE
Some totals and subtractions do not add up due to rounding.

Data are seasonally adjusted.
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