Slovenia Business Confidence Holds Steady in October

Slovenia’s seasonally adjusted manufacturing confidence indicator remained unchanged at -2 in October 2026, staying slightly below its long-term average of -1.9. The indicators for total orders and export orders also remained stable at -13 and -14, respectively. Meanwhile, production strengthened, edging up to 6 from 5, while stocks of finished products increased to 7 from 5 in September. Uncertainty eased to 31 from 32, while the indicator for accumulated labour improved to 6 from 4. Production expectations became more optimistic, rising to 15 from 13, while employment expectations declined to 15 from 19. Selling price expectations also increased to 9 from 8. Outside manufacturing, confidence weakened in retail trade, improved in construction, and remained unchanged in services.

Slovenia's seasonally adjusted manufacturing confidence indicator rose to -2 in September 2026 from -4 in August, matching July's reading, which was the least pessimistic since August 2022, but remaining slightly below its long-term average of -1.9. Production expectations strengthened to 12 from 6 in August, while selling price expectations rose to 8 from 6. On the other hand, the uncertainty gauge increased to 32 from 27. Meanwhile, stocks of finished products and production both held steady at 5. The deterioration in export order books eased to -14 from -16, while overall order books improved to -12 from -14. Moreover, expected employment was unchanged at 9, while the labour hoarding indicator fell to 5 from 7. Outside manufacturing, confidence weakened in retail trade and services, while remaining unchanged in construction.

Slovenia’s seasonally adjusted manufacturing confidence indicator fell to -4 in August 2026, below its long-term average, from -2 in the previous month. Product expectations eased to 6 from 13 in July, selling price expectations declined to 6 from 8, while uncertainty also moderated to 27 from 30. Meanwhile, stocks of finished products rose to 5 from 3, while production held steady at 5. The deterioration in export order books eased to -16 from -18, while overall order books improved to -13 from -15. Moreover, expected employment increased to 9 from 8, while the labour hoarding indicator rose to 7 from 5. Outside manufacturing, confidence improved in retail trade and services, while remaining unchanged in construction, with all sectors staying above their long-term averages.