The industrial confidence indicator in Slovakia increased to -10 in June of 2020 from -28.7 in the previous month, mainly due to improvements in expectations for production (24 vs -13 in May) and orders (-45 vs -69), namely export orders (-36 vs -58). Meanwhile, prospects for employment worsened a bit (-34 vs -30)
Business Confidence in Slovakia averaged 0.45 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 July of 2020. source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia is expected to be -22.00 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 -12.00 in 12 months time. In the long-term, the Slovakia Business Confidence is projected to trend around -7.00 points in 2021 and -4.00 points in 2022, according to our econometric models.