Sentiment indicator, October 2025
Economic sentiment slightly more optimistic than last month
The sentiment indicator was positively influenced by the confidence indicators in services and retail trade, while the other three indicators had a negative impact.
Up at the monthly level …
The sentiment indicator was at −1.0 percentage points (p.p.), 0.6 p.p. higher than in September (−1.6 p.p.).
The sentiment indicator was positively influenced by the confidence indicators in services (by 0.9 p.p.) and in retail trade (by 0.2 p.p.). On the other hand, it was negatively influenced by the confidence indicators in manufacturing (by 0.3 p.p.), in construction (by 0.1 p.p.) and among consumers (also by 0.1 p.p.).
… as well as year-on-year
Compared to October of last year, the sentiment indicator was higher by 3.1 p.p.
The improvement of the indicator was influenced by all five indicators: in manufacturing (by 1.1 p.p.), in services (by 0.8 p.p.), among consumers (by 0.6 p.p.), in retail trade (by 0.4 p.p.) and in construction (by 0.2 p.p.).
The table with the latest data is available in the SiStat Database.
The sentiment indicator was at −1.0 percentage points (p.p.), 0.6 p.p. higher than in September (−1.6 p.p.).
The sentiment indicator was positively influenced by the confidence indicators in services (by 0.9 p.p.) and in retail trade (by 0.2 p.p.). On the other hand, it was negatively influenced by the confidence indicators in manufacturing (by 0.3 p.p.), in construction (by 0.1 p.p.) and among consumers (also by 0.1 p.p.).
… as well as year-on-year
Compared to October of last year, the sentiment indicator was higher by 3.1 p.p.
The improvement of the indicator was influenced by all five indicators: in manufacturing (by 1.1 p.p.), in services (by 0.8 p.p.), among consumers (by 0.6 p.p.), in retail trade (by 0.4 p.p.) and in construction (by 0.2 p.p.).
The table with the latest data is available in the SiStat Database.
METODOLOŠKO OPOZORILO
Some totals and subtractions do not add up due to rounding.
The release was prepared based on seasonally and calendar adjusted data, and calendar adjusted data. When comparing the reference month with the previous month, we use seasonally and calendar adjusted data. When comparing with the same period of the previous year, we use calendar adjusted data.
Additional explanations are available in the methodological explanations.
The business surveys are co-financed by the European Commission. However, the European Commission accepts no responsibility or liability whatsoever with regard to the material published in this document.
The release was prepared based on seasonally and calendar adjusted data, and calendar adjusted data. When comparing the reference month with the previous month, we use seasonally and calendar adjusted data. When comparing with the same period of the previous year, we use calendar adjusted data.
Additional explanations are available in the methodological explanations.
The business surveys are co-financed by the European Commission. However, the European Commission accepts no responsibility or liability whatsoever with regard to the material published in this document.
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