Consumer survey, August 2023

Consumer sentiment slightly down

In August, the consumer confidence indicator deteriorated at the monthly level by 1 percentage point.

  • 23 August 2023 at 10:30
  • |
  • final data
Consumer sentiment lower at the monthly level

The value of the consumer confidence indicator decreased by 1 percentage point (p.p.) compared to July, and was 12 p.p. below the long-term average.

The monthly decrease in the confidence indicator resulted from more pessimistic consumer expectations about the country’s economy (by 3 p.p.) and about households’ finances (by 2 p.p.). On the other hand, expectations about major purchases slightly improved (by 1 p.p.). Consumer opinion on current households’ finances remained at the level of the previous month.

Improvement at the annual level

Compared to last year’s August, the value of the consumer confidence indicator was 5 p.p. higher, but was 1 p.p. below last year’s average.

The annual increase in the value of the confidence indicator resulted from more optimistic consumer expectations about households’ finances (by 9 p.p.), about the country’s economy (by 5 p.p.), and about major purchases (also by 5 p.p.). Consumer opinion on current households’ finances was at the level of last year’s August.

Tables with the latest data are available in the SiStat Database.
Consumer confidence indicator, Slovenia, January 2005–August 2023
Consumer confidence indicator, Slovenia, January 2005–August 2023
Monthly changes of consumer opinion indicators, Slovenia, August 2023
Monthly changes of consumer opinion indicators, Slovenia, August 2023
METHODOLOGICAL NOTE
Data are seasonally adjusted.

The data are based on the Consumer Survey, which was answered by 710 persons between 1 and 16 August 2023.

Additional explanations are available in the methodological explanations.

The business surveys are co-financed by the European Commission. However, the European Commission accepts no responsibility or liability whatsoever with regard to the material published in this document.
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.