The Slovenia consumer confidence indicator decreased to -5 in February of 2019 from -3 in the previous month, due to a deterioration in expectations for the next 12 months regarding the country’s economic situation (-4 from 0 in January), households' financial situation (0 from 1) and unemployment (4 from -4). On the other hand, intentions to make major purchases were unchanged (at -21) and savings prospects improved (-12 from -16) while inflation expectations increased (37 from 36). Consumer Confidence in Slovenia averaged -18.91 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 -11.00 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 -14.00 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.