RTTNews - Slovenia's consumer confidence indicator increased by 10 percentage points in May from April, to reach its highest value since October 2008, the Statistical Office said Thursday.

The increase in consumer confidence was due to a rise in consumers' expectations of unemployment in the next 12 months. However, the indicator was down 11 percentage points from the previous year as also from last year's average value.

In May, consumers were more optimistic about the price trend over the next 12 months, with the respective indicator touching a record high. The value of the indicator rose one percentage point from April, increased 30 percentage points from last year's average and was up 35 percentage points from May last year.

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