Business sentiment improves in November


Business sentiment improves in November

Ljubljana, 24 November (STA) - Business sentiment in Slovenia improved in November after a brief slump, as the relevant indicator was up by 0.8 percentage points compared to October, and was 15.9 points higher year-on-year, the Statistics Office said on Wednesday.

Contributing the most to the improvement were the sub-indicators for sentiment in manufacturing and retail, which were up 1.1 and 0.4 percentage points, respectively.

On the other hand, the sub-indicator for consumer confidence was down 0.5 percentage points, and in the services sector it dropped by 0.2 points. In the construction sector, the sentiment sub-indicator was down by 0.1 points.

Year-on-year, the business sentiment indicator was up 15.9 percentage points, with all five components contributing to the increase.

The indicator measuring confidence in the services sector was up the most (+9.9 points), followed by manufacturing (+2.7 points), consumer confidence and construction (+1.3 points each) and retail (+0.8 points).

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