The confidence of consumers is decreasing more rapidly in Slovenia than in the EU

2018-09-28 Slovenia Economic sentiment indicators

In September the confidence of consumers in Slovenia decreased somewhat compared to the same month last year, down from -4.5 to -8.9.

In the same time, EU countries consumers confidence have decreased slightly, down from -1.6 to -2.8 on average. This is the lowest recorded level since May 2017.

Slovenia now has the sixth lowest confidence of consumers in the EU compared to the other 28 countries. Malta has the highest confidence of consumers (23.6 points), while Greece ranks last (-44.9 points).

The confidence of consumers is decreasing more rapidly in Slovenia than in the EU

Confidence of consumers in EU countries

The whole country2018 (September)2017 (September)Change
Austria9.95.1+4.8
Belgium0.63.7-3.1
Bulgaria-24.4-23-1.4
Croatia-12.1-18+5.9
Cyprus-5.6-0.9-4.7
Czech Republic8.16.3+1.8
Denmark1616.2-0.2
Estonia0.10.5-0.4
Finland23.227.1-3.9
France-13.4-7.4-6
Germany4.53.9+0.6
Greece-44.9-53.7+8.8
Hungary-8.4-13.6+5.2
IrelandData is missing12Data is missing
Italy-6.1-6.6+0.5
Latvia-5.4-7+1.6
Lithuania-1.1-7.6+6.5
Luxembourg14.815-0.2
Malta23.68.3+15.3
Netherlands15.415.9-0.5
Poland-0.9-2.9+2
Portugal-1.20.5-1.7
Romania-19.9-15-4.9
Slovakia-4.3-3.4-0.9
Slovenia-8.9-4.5-4.4
Spain-8-1.1-6.9
Sweden15.614.6+1
United Kingdom-5.8-5.2-0.6

About the consumer confidence indicator

This indicator is based on consumers surveyed on their financial situation, general economic situation, price trends, unemployment, major purchases and savings, intention to buy a car, purchase or build a home, home improvements.

For all surveys the difference between positive and negative answers (in percentage points of total answers) are averaged to calculate an indicator.


Notes
The economic sentiment indicator (ESI) is calculated as an index with mean value of 100 and standard deviation of 10 over a fixed standardised sample period.

Get the data
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The data has been gathered from Eurostat. Get the original data here.

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