The industrial confidence indicator in Slovakia went up to 1.7 in January of 2020 from -6 in December, reaching the highest value since February of 2019. Production expectations jumped (22 from 1) and employment was assessed less negatively (-7 from -23). Yet, sentiment improved among constructors (-6.5 from -9) and retailers (29 from 27) but worsened among service providers (2 from 7). Slovakia Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Business Confidence in Slovakia averaged 0.72 points from 1993 until 2020, reaching an all time high of 22.30 points in May of 2007 and a record low of -26.30 points in May of 2009. 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. 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 -8.00 in 12 months time. In the long-term, the Slovakia Business Confidence is projected to trend around -4.00 points in 2021, according to our econometric models.