The seasonally adjusted business tendency in manufacturing in Slovenia dropped to 6 in December of 2018 from 7 in the previous month. It is the weakest reading since September, as the current assessment deteriorated for production (9 from 11 in November); total new orders (7 from 11) and export orders (6 from 11). In addition, expectations decreased for export orders (22 from 25) but they increased regarding selling price (8 from 6), employment (19 from 16) and assured production (4.9 from 4.6). Business Confidence in Slovenia averaged -1.48 Percentage Points from 1995 until 2018, 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 10.00 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 10.00 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.