Consumer confidence down for fifth consecutive month

Ljubljana – Slovenia’s consumer confidence indicator is down for the fifth consecutive month in November, dropping by 2 percentage points over the month before. But it is up by 7 percentage points compared to November 2020, the Statistics Office said on Tuesday. The monthly drop in the confidence indicator is attributed to more pessimistic consumer expectations about the country’s economy (down by 9 p.p.), and about household finances (down by 1 p.p.). On the other hand, expectations about major purchases slightly improved (by 1 p.p.) and consumers’ assessment of current…

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