The industrial confidence indicator in Slovakia fell by 1.1 percentage points from the previous month to -5.3 in February of 2021. It was the lowest reading since September last year, mainly due to an increase in the stock of finished products (7 vs -3 in January) and a decline in employment prospects (-13 vs -10). Meanwhile, expectations regarding production over the next three months remained unchanged (at 6) while those for selling prices improved (-1 vs -13). source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia averaged 0.40 points from 1993 until 2021, reaching an all time high of 22.30 points in May of 2007 and a record low of -42.30 points in April of 2020. This page provides the latest reported value for - Slovakia Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Business Confidence in Slovakia is expected to be -2.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Slovakia to stand at -0.50 in 12 months time. In the long-term, the Slovakia Business Confidence is projected to trend around 0.50 points in 2022, according to our econometric models.