The economic climate in Slovenia / EU looks more and more optimistic!
The economic climate in Slovenia is improving for the fourth month in a row. But some industries are still recovering – which ones? It is measured by SURS and in February 2022 reached 6.8 percentage points. Thus, it was 1.2 percentage points higher on a monthly basis and 10.1 percentage points higher on an annualized basis. Thus, the economic climate in Slovenia is improving for the fourth month in a row. The indicator also reflects the Bank of Slovenia’s positive forecasts for 2022. As well as favorable GDP data for the third quarter of 2021. All these are good signs if you want to do business in Slovenia.
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The economic climate in Slovenia – Where is the highest economic climate?
Statisticians recorded the largest annual increase in confidence in services. It jumped by 5.5 percentage points. On a monthly basis, this is higher by 0.5 percentage points. Despite the energy crisis, this confidence jumped by 0.6 percentage points in February.
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Where was the climate worse in February?
There was a slight decline in retail trade and construction in February. While construction recorded lower growth in January. Despite a decline on a monthly basis, the downward trend has declined sharply. If we look at the annual data on retail trade, it still shows a positive trend. It is higher by 1.6 percentage points. Want to learn about the economic climate in Slovenia?
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What is the economic climate compared to decades ago?
Seasonal data indicate a rapid convergence to the levels reached by the economic climate in Slovenia in 2017 and a decade earlier. In any case, this can be partly explained by the expectation of the phasing out of measures to combat COVID. As well as investment in aid packages in the economy and extremely low interest rates.
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