The industrial confidence indicator in Slovakia rose by 14 percentage points from the previous month to 10.3 in April of 2021. It was the highest reading in industrial morale since February of 2017, driven by increases in the production trend (33 from 17 in March) and in orders (-1 from -18). Additionally, production expectations over the next three months rose to a near 14-year high of 40, from 15 in the prior month, while prospects about employment ( 9 from -6) and foreign orders (6 from -7) also improved significantly. source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia averaged 0.42 points from 1993 until 2021, 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 May of 2021.
Business Confidence in Slovakia is expected to be -1.50 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 -0.50 in 12 months time. In the long-term, the Slovakia Business Confidence is projected to trend around 0.50 points in 2022, according to our econometric models.