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Business news in Slovenia

Business sentiment improves in April

Ljubljana, 24 April (STA) - Business sentiment in Slovenia improved in April, with the relevant indicator standing at -2.1, up by 2.1 percentage points on a monthly basis and by 0.7 points on an annual basis, the Statistics Office said on Wednesday.

The monthly growth was the result of the higher values of the indicators measuring confidence in manufacturing, retail and services and consumer confidence, while the indicator measuring confidence in construction had a negative impact.

The indicator measuring confidence in manufacturing was two percentage points up on March. It remained flat year-on-year, while being eight percentage points below the long-term average.

For retail, the value of the confidence indicator was up by as many as 16 percentage points on a monthly basis. It was also higher than the long-term average (+9 percentage points) and year-on-year (+3 percentage points).

The indicator measuring confidence in the services sector increased by one percentage point compared to March and was six percentage points above the long-term average. Year-on-year, it dropped by one percentage point.

Confidence in the construction industry was down by seven percentage points on a monthly basis, by 12 points compared to last April, and by 18 points compared to the long-term average.

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