The consumer morale indicator in Slovakia came in at -7.6 in September, unchanged from August’s seven-month low. Expectations deteriorated further for general economic situation (-12.5 vs -9.7 in August) and unemployment (4.5 vs 4.4) while improvements were seen in household's financial situation (0.9 vs -1.4) and their savings prospects (-14.3 vs -14.8). Consumer Confidence in Slovakia averaged -19.56 Index Points from 1997 until 2019, reaching an all time high of 6.50 Index Points in December of 2006 and a record low of -49.40 Index Points in August of 1999.
Consumer Confidence in Slovakia is expected to be -7.50 Index 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 -5.80 in 12 months time. In the long-term, the Slovakia Consumer Confidence is projected to trend around -7.00 Index Points in 2020, according to our econometric models.