The consumer confidence indicator in Slovakia fell marginally to -31 in September of 2020 from -30.8 in the previous month, amid a deterioration in prospects regarding household's savings (-21.8 vs -17.8 in August). Meantime, consumers were slightly less pessimistic about unemployment (56.3 vs 56.4). On the other hand, improvements were seen in expectations regarding the country's economic situation (-36.1 vs -38.5) and household’s financial situation (-9.7 vs -10.4). Compared with the situation last year, the respondents were more pessimistic by 23,4 points and the current result is below the long-term average by 12 points.
Consumer Confidence in Slovakia averaged -19.68 points from 1997 until 2020, reaching an all time high of 6.50 points in December of 2006 and a record low of -49.40 points in August of 1999. This page provides the latest reported value for - Slovakia Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.
Consumer Confidence in Slovakia is expected to be -31.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Slovakia to stand at -20.00 in 12 months time. In the long-term, the Slovakia Consumer Confidence is projected to trend around -16.00 points in 2021 and -11.00 points in 2022, according to our econometric models.