The seasonally adjusted business tendency in manufacturing in Slovenia decreased to 7 in November of 2018 from 10 in the previous month. Expectations deteriorated for production (18 from 32 in October); selling price (6 from 7); employment (16 from 17); export orders (25 from 26) and total demand (27 from 28). Additionally, assured production went down to 4.6 from 5 in the prior month. Business Confidence in Slovenia averaged -1.51 Percentage Points from 1995 until 2018, reaching an all time high of 15 Percentage Points in June of 2000 and a record low of -36 Percentage Points in January of 2009.
Business Confidence in Slovenia is expected to be 10.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Slovenia to stand at 10.00 in 12 months time. In the long-term, the Slovenia Business Confidence is projected to trend around 10.00 Percentage Points in 2020, according to our econometric models.