The industrial confidence indicator in Slovakia fell to -9 in September of 2020 from -0.3 in the prior month, mainly due to a deterioration in expectations for production (1 vs 24 in August) and new orders (-25 vs -21). Also, prospects for selling prices worsened (-4 vs 2).
Business Confidence in Slovakia averaged 0.41 points from 1993 until 2020, 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 October of 2020. source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia is expected to be -6.00 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 -1.50 in 12 months time. In the long-term, the Slovakia Business Confidence is projected to trend around -0.50 points in 2021 and 0.50 points in 2022, according to our econometric models.