Nixse
0

Consumer Confidence In Slovenia Declines, While Producer Prices, On Average, Increase By 19.6%

Slovenia’s statistical office said on Friday that the country’s consumer confidence indicator fell by 4 percentage points (PPS) in January after increasing by 6 PPS the month before. Consumer confidence decreased by 11 PPS in yearly terms in January, according to a statement on the statistical office’s website.

The consumer confidence indicator’s four components all improved at the deteriorated level. Expectations for household finances decreased by 6 percentage points. In comparison, they decreased by 3 percentage points apiece for significant purchases, the nation’s economy, and present household finances.

On an annual basis, estimates for significant purchases decreased by 11 percentage points. Moreover, forecasts for the nation’s economy decreased by 13 percentage points. Finally, estimates for present households’ finances decreased by 6 percentage points.

Slovenia’s statistical office reported on Friday that industrial producer prices increased by 19.6% in 2022 after increasing by 5.5% the year before. According to a statement from the statistical office, industrial producer prices rose by 16.3% on the international market and by 22.9% on the domestic market in 2022. According to the statistical office, industrial producer prices increased by 19.3% on the year in December alone after rising by 19.7% in November. Slovenia’s producer pricing index (PPI) increased by 0.2% in December as compared to the previous month.

Domestic industrial producer prices rose 0.5% month over month in December and grew by 23.3% year over year. Industrial producer prices in the non-domestic market increased by 15.3% annually while remaining unchanged monthly.

Serbia Issues A $1.75 Billion Dual-Tranche Eurobond, While Albania’s Annual Inflation Rate Declines To 7.5%

On January 19, Serbia announced the sale of a dual-tranche Eurobond with a total value of $1.75B (1.6B euros) on the global market, according to the nation’s central bank. The National Bank of Serbia (NBS) announced on Thursday that the value of five-year Eurobonds is $750M. Meanwhile, the value of ten-year Eurobonds is $1B. The coupon on the five-year issue is 6.25%, while the coupon on the ten-year issue is 6.50%.

Over $11B worth of orders were put at the auction by about 500 participants. According to NBS, the monies obtained would be used to pay off debt and maintain economic growth. Albania’s annual harmonized index of consumer prices (HICP) grew by 7.5% in December after rising by 8% in November.

According to a statement released by INSTAT on Thursday, the harmonized index of the food and nonalcoholic drinks group saw a 13% increase in December, which had the biggest impact on annual inflation. Transport saw a 7.5% increase.

Albania’s HICP increased 0.4% in December over the previous month after falling by 0.1% in November. According to INSTAT earlier this month, non-harmonized consumer price inflation in Albania grew 7.4% year over year in December after increasing 7.9% the previous month.



You might also like
Leave A Reply

Your email address will not be published.