The industrial confidence indicator in Slovakia fell by 13.4 points from a month earlier to -9.7 in May 2023. Pessimism among manufacturers was mainly due to a sharp drop in production expectations (3 vs 30 in April), particularly in manufacture of computers, electronic and optical products (-16 vs 89) transport equipment (-33 vs 28) and wood & paper products (-16 vs 0). source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia averaged 0.15 points from 1993 until 2023, 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 June of 2023.
Business Confidence in Slovakia is expected to be -14.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Business Confidence is projected to trend around -6.00 points in 2024 and 1.00 points in 2025, according to our econometric models.