Slovenia: Economic sentiment increases, remains downbeat in August
Economic sentiment rose to 98.0 in August from July’s 97.9. That said, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier confidence in the services, retail and construction sectors, as well as among consumers. Moreover, sentiment in the construction sector improved in August. Less positively, sentiment in the industrial sector deteriorated.
Considering indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in August.