The seasonally adjusted business tendency in manufacturing in Slovenia increased to 3 in March of 2019 from 2 in the previous month. Expectations improved for production (18 from 12 in February) and employment (12 from 10), but deteriorated for export orders (8 vs 11) and total demand (6 vs 11). In addition, stocks of finished products decreased (7 vs 10) while the current assessment of overall order books fell sharply (-2 vs 4). Business Confidence in Slovenia averaged -1.43 Percentage Points from 1995 until 2019, reaching an all time high of 15 Percentage Points in June of 2000 and a record low of -36 Percentage Points in January of 2009.
Business Confidence in Slovenia is expected to be 9.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Slovenia to stand at 9.00 in 12 months time. In the long-term, the Slovenia Business Confidence is projected to trend around 10.00 Percentage Points in 2020, according to our econometric models.