Slovenia's Business Climate: A Glimpse of Hope

In Slovenia, business confidence is showing signs of life. For the second month in a row, the business tendency indicator in manufacturing held steady at -4 in November 2025. This might not sound like a big deal, but it's actually the highest it's been since January 2023. Things are looking up in terms of jobs. Employment trends improved, rising from 6 to 8 in November. This is a good sign because more people are finding work. The future looks brighter too. Production outlook strengthened, climbing from 13 to 15. This means businesses are expecting to make more stuff. Even the expectations for stocks of finished goods and selling prices showed improvement. They went from 3 to 5 for both. This is a good sign because it means businesses are expecting to sell more and make more money.But it's not all sunshine and rainbows. The outlook for export order books and overall order books remained unchanged. They stayed at -26 and -23 respectively. This means businesses aren't expecting to get many new orders. It's a mixed bag. Things are getting better, but there's still room for improvement. It's important to remember that business confidence is just one indicator. It doesn't tell the whole story. But it's a good sign that things are moving in the right direction. It's a reminder that even in tough times, there's always hope.