Slovenia: Economic sentiment picks up in December
Latest reading: Economic sentiment came in at 97.6 in December, up from November’s 97.0. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected stronger sentiment in the industrial sector and among consumers. Moreover, confidence in the retail sector improved in December. Meanwhile, confidence in the services and construction sectors cooled in the surveyed month.
Regarding indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index fell in December.