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After all-time high, consumer confidence deteriorates

By   /   20/02/2017  /   Comments Off on After all-time high, consumer confidence deteriorates

 

Slovenia’s consumer confidence index has deteriorated by six percentage points in February after hitting an all-time high the month before. However, the index is still 11 points up year-on-year.

According to a report released by the Statistics Office on Monday, the February value of the index was also five points above the long-term average.

Compared to the month before, the index declined in all the components. Consumers’ expectations about employment and the state of economy deteriorated by 9 and 6 points, respectively.

Consumers are also more pessimistic about the outlook for savings and household finances, with the respective values down by 4 and 2 percentage points.

But year-on-year the values of all sub-indices improved, with expectations about the availability of jobs and the state of economy surging by as much as 17 points./IBNA

Source: The Slovenia Times

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