Consumer confidence in Slovakia declined for the fifth consecutive month to -34.1 in September of 2022, the lowest since March of 2021. Decreases were observed in the four main components of the index: expectations regarding the general economic situation (-59.7 vs -55.1 in August); the financial situation of households (-23.2 vs -19); unemployment (25.8 vs 17.4) and savings (-27.8 vs -26.1). Concerns over inflation also went up (60.8 vs 60.5). source: Statistical Office of the Slovak Republic

Consumer Confidence in Slovakia averaged -20.24 points from 1997 until 2022, 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 2022.

Consumer Confidence in Slovakia is expected to be -31.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Consumer Confidence is projected to trend around -12.00 points in 2023 and -5.00 points in 2024, according to our econometric models.

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Slovakia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-08-30 07:00 AM Aug -29.4 -28.8 -29.2
2022-09-29 07:00 AM Sep -34.1 -29.4 -31.3
2022-10-28 07:00 AM Oct -34.1


Related Last Previous Unit Reference
Consumer Confidence -34.10 -29.40 points Sep 2022
Retail Sales MoM -0.70 -2.80 percent Jul 2022
Retail Sales YoY 1.20 1.50 percent Jul 2022
Consumer Spending 12.86 12.30 EUR Billion Jun 2022
Disposable Personal Income 16499.00 15459.00 EUR Million Jun 2022
Personal Savings 727.00 824.00 EUR Million Jun 2022
Gasoline Prices 1.75 1.88 USD/Liter Aug 2022
Economic Optimism Index 90.90 96.80 points Aug 2022

Slovakia Consumer Confidence
In Slovakia, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. The consumer confidence indicator is the arithmetic average of the balances (%) of four questions: the financial situation of households, the general economic situation, unemployment expectations (with inverted sign) and savings, all over the next 12 months.
Actual Previous Highest Lowest Dates Unit Frequency
-34.10 -29.40 6.50 -49.40 1997 - 2022 points Monthly
SA

News Stream
Slovak September Consumer Morale at 1-1/2-Year Low
Consumer confidence in Slovakia declined for the fifth consecutive month to -34.1 in September of 2022, the lowest since March of 2021. Decreases were observed in the four main components of the index: expectations regarding the general economic situation (-59.7 vs -55.1 in August); the financial situation of households (-23.2 vs -19); unemployment (25.8 vs 17.4) and savings (-27.8 vs -26.1). Concerns over inflation also went up (60.8 vs 60.5).
2022-09-29
Slovakia Consumer Confidence Worsens
Consumer confidence in Slovakia declined for a third consecutive month to -28.8 in July of 2022, the lowest since March of 2021. Concerns increased regarding expected savings (-24.8 vs -22.6), the financial situation of households (-18.3 vs -16.6) and the general economic situation (-52.7 vs -52.2). On the other hand, unemployment prospects were slightly more optimistic (19.5 vs 19.6).
2022-07-29
Slovak Consumer Morale at 3-Month Low
The consumer confidence indicator in Slovakia fell by 3.2 points to a 3-month low of -27.8 in June of 2022. Concerns about the expected general economic situation increased the most (-52.2 vs -45.9). Also, consumers assumed a more negative development of household savings (-22.6 vs -20.9) and the financial situation of households (-16.6 vs -15.2). Moreover, worries about unemployment increased (19.6 vs 16.2).
2022-06-29