The consumer confidence indicator in Slovakia jumped 14 percentage points to -22.5 in April of 2021. It was the highest reading since March last year and the closest to pre-pandemic levels, as consumers were more optimistic in their expectations regarding unemployment (-43.4 from -64.7 in March) and the general economic situation in the country (-25.9 from -46.3). To a lesser extent, there were also improvements in expectations of households’ financial situation (-4.1 from -13.5) and in household savings (-16.4 from -21.6). Compared to the situation last year, the respondents were more optimistic by 19.4 points due to baseline effects and the current result is below the long-term average by 2.7 points. source: Statistical Office of the Slovak Republic
Consumer Confidence in Slovakia averaged -20.02 points from 1997 until 2021, 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 May of 2021.
Consumer Confidence in Slovakia is expected to be -20.00 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 -16.00 in 12 months time. In the long-term, the Slovakia Consumer Confidence is projected to trend around -11.00 points in 2022, according to our econometric models.