Business tendency, September 2024
Only confidence in services improved
Confidence worsened monthly in manufacturing, construction and retail trade. The confidence indicator was higher only in services.
Confidence lower in manufacturing …
The confidence indicator decreased at the monthly level by 1 percentage point (p.p.) and increased at the annual level by 3 p.p. Compared to the long-term average, it was 7 p.p. lower.
At the monthly level, the expected production indicator increased by 3 p.p., the overall order books indicator decreased by 4 p.p., while the stock of finished products indicator remained unchanged.
The labour hoarding indicator was higher at the monthly level by 3 p.p., compared to the long-term average by 2 p.p. and equal at the annual level.
… in retail trade …
The confidence indicator decreased by 4 p.p. at the monthly level and was equal to the long-term average. Compared to the previous September, it was lower by 6 p.p.
The sales and expected sales indicators contributed to the decline at the monthly level (by being 6 and 9 p.p. lower, respectively), while the volume of stocks indicator had a positive influence (by 3 p.p.).
The labour hoarding indicator was 1 p.p. higher at the monthly level, 3 p.p. lower at the annual level and 1 p.p. higher than the long-term average.
… and in construction
The confidence indicator decreased by 1 p.p. at the monthly level. Compared to September last year it was 8 p.p. lower and compared to the long-term average 14 p.p. higher.
The monthly decrease was influenced by both indicators: the overall order books and the employment expectations (the former decreased by 2 p.p. and the latter by 1 p.p.).
The labour hoarding indicator was the same at the monthly level, higher at the annual level (by 5 p.p.) and lower compared to the long-term average (by 5 p.p.).
Confidence higher in services
The confidence indicator increased by 3 p.p. at the monthly level and was 10 p.p. above the long-term average. Compared to the previous September, it was higher by 3 p.p.
All observed indicators improved at the monthly level, except for the indicators expected demand and expected sales prices, which remained unchanged.
The labour hoarding indicator was 2 p.p. higher at the monthly level and 1 p.p. lower in September last year. Compared to the long-term average remained stable.
Tables with the latest data are available in the SiStat Database.
The confidence indicator decreased at the monthly level by 1 percentage point (p.p.) and increased at the annual level by 3 p.p. Compared to the long-term average, it was 7 p.p. lower.
At the monthly level, the expected production indicator increased by 3 p.p., the overall order books indicator decreased by 4 p.p., while the stock of finished products indicator remained unchanged.
The labour hoarding indicator was higher at the monthly level by 3 p.p., compared to the long-term average by 2 p.p. and equal at the annual level.
… in retail trade …
The confidence indicator decreased by 4 p.p. at the monthly level and was equal to the long-term average. Compared to the previous September, it was lower by 6 p.p.
The sales and expected sales indicators contributed to the decline at the monthly level (by being 6 and 9 p.p. lower, respectively), while the volume of stocks indicator had a positive influence (by 3 p.p.).
The labour hoarding indicator was 1 p.p. higher at the monthly level, 3 p.p. lower at the annual level and 1 p.p. higher than the long-term average.
… and in construction
The confidence indicator decreased by 1 p.p. at the monthly level. Compared to September last year it was 8 p.p. lower and compared to the long-term average 14 p.p. higher.
The monthly decrease was influenced by both indicators: the overall order books and the employment expectations (the former decreased by 2 p.p. and the latter by 1 p.p.).
The labour hoarding indicator was the same at the monthly level, higher at the annual level (by 5 p.p.) and lower compared to the long-term average (by 5 p.p.).
Confidence higher in services
The confidence indicator increased by 3 p.p. at the monthly level and was 10 p.p. above the long-term average. Compared to the previous September, it was higher by 3 p.p.
All observed indicators improved at the monthly level, except for the indicators expected demand and expected sales prices, which remained unchanged.
The labour hoarding indicator was 2 p.p. higher at the monthly level and 1 p.p. lower in September last year. Compared to the long-term average remained stable.
Tables with the latest data are available in the SiStat Database.
Monthly changes in the value of confidence indicators, Slovenia, September 2024
METHODOLOGICAL NOTE
Data are seasonally adjusted.
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.
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.
.jpg)
