The consumer confidence indicator in Slovenia went up to -14 in December of 2019 from a three-year low of -15 in the previous month. Consumers’ expectations about the country’s economy (-19 from -22 in November) and about the number of unemployed (18 from 19) improved while their expectations about their financial situation (-5) and major purchases (-24) remained unchanged. On the other hand, prospects about savings (-15 from -13) and inflation (39 from 34) deteriorated. Consumer Confidence in Slovenia averaged -18.55 points from 1996 until 2019, reaching an all time high of 2 points in January of 2018 and a record low of -45 points in September of 2012.
Consumer Confidence in Slovenia is expected to be -12.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Slovenia to stand at -16.00 in 12 months time. In the long-term, the Slovenia Consumer Confidence is projected to trend around -19.00 points in 2020, according to our econometric models.