The Slovenia Times

Consumer sentiment weaker in July


The index fell by three percentage points in July from the month before, but it is still two percentage points above the July 2017 value.

A report from the Statistics Office shows the index was depressed by pessimism about savings options (-6 points) and dampened expectations about financial state of their households (-4 points).

Compared to the month before, consumers are also less optimistic about the state of the national economy (-3 points), while their expectations about jobs improved by a point.

The year-on-year improvement was driven by greater optimism about the financial state of their households and savings with both sub-indices up by 3 points, as well as more upbeat sentiment about the state of the national economy (+2 points). The outlook for jobs remains level.

Consumers' expectations about purchasing a new car or home improved from April, while the outlook for home renovation weakened. Just over 10% of those surveyed are thinking about buying a car over the next 12 months and 3% plan to buy a flat. Some 21% plan to refurbish their home.


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