The consumer confidence indicator in Slovenia decreased 2 points from the previous month to -7 in August 2019, as the expectations about unemployment worsened the most (by 6 points). After two optimistic years, in 2019 there are again more consumers expecting increased unemployment in the next 12 months. Expectations about the country’s economy also deteriorated, while expectations about savings and household’s finances increased. Consumer Confidence in Slovenia averaged -18.63 Index Points from 1996 until 2019, reaching an all time high of 2 Index Points in January of 2018 and a record low of -45 Index Points in September of 2012.
Consumer Confidence in Slovenia is expected to be -10.00 Index 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 Index Points in 2020, according to our econometric models.