The industrial confidence indicator in Slovakia jumped to 1 in September 2019 from -8 in the previous month. It was the highest reading in business morale since February, amid improvements in production expectations (20 vs -10 in August). Also, prospects for selling prices (-4 from -9) slightly increased. On the other hand, new orders (-16 vs -12); new export orders (-18 vs -15); stock of finish products (1 vs 2) and employment expectations (-23 vs -17) deteriorated. Business Confidence in Slovakia averaged 0.79 Index Points from 1993 until 2019, reaching an all time high of 22.30 Index Points in May of 2007 and a record low of -26.30 Index Points in May of 2009.

Business Confidence in Slovakia is expected to be -8.00 Index 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 -6.00 in 12 months time. In the long-term, the Slovakia Business Confidence is projected to trend around -4.00 Index Points in 2020, according to our econometric models.

Slovakia Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-28 07:00 AM Business Confidence Jun 2.7 -3.7 -6
2019-07-29 07:00 AM Business Confidence Jul -12.3 0.3 2.5
2019-08-28 07:00 AM Business Confidence Aug -8 -11 -10.5
2019-09-27 07:00 AM Business Confidence Sep 1 -8 -8
2019-10-29 08:00 AM Business Confidence Oct 1
2019-11-28 08:00 AM Business Confidence Nov
2019-12-27 08:00 AM Business Confidence Dec -7


Slovakia Business Last Previous Highest Lowest Unit
Business Confidence 1.00 -8.00 22.30 -26.30 Index Points [+]
Industrial Production -8.10 2.80 22.10 -27.30 percent [+]
Manufacturing Production -9.50 2.70 31.80 -31.70 percent [+]
Capacity Utilization 89.40 89.10 89.40 46.80 percent [+]
Car Registrations 10051.00 9443.00 10595.00 2907.00 [+]
Internet Speed 13037.49 13018.48 13801.69 4018.08 KBps [+]
IP Addresses 898295.00 860635.00 996175.00 281531.00 IP [+]
Industrial Production Mom 0.70 -1.40 25.30 -12.20 percent [+]
Mining Production 5.00 14.00 135.30 -57.00 percent [+]
New Orders 3468.80 4294.20 5148.20 698.80 EUR Million [+]
Steel Production 430.00 445.00 456.00 14.00 Thousand Tonnes [+]
Changes In Inventories 0.99 0.30 1.69 -0.94 EUR Billion [+]
Competitiveness Index 66.77 66.84 66.84 4.10 Points [+]
Competitiveness Rank 42.00 41.00 78.00 36.00 [+]
Ease of Doing Business 42.00 39.00 49.00 29.00 [+]
Electricity Production 2090.00 2135.00 3241.00 1695.00 Gigawatt-hour [+]
Corruption Index 50.00 50.00 51.00 35.00 Points [+]
Corruption Rank 57.00 54.00 66.00 47.00 [+]
Factory Orders -6.10 -8.60 41.60 -35.90 percent [+]


Slovakia Business Confidence

In Slovakia, the confidence indicator in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects. Statistical Office of the Slovak Republic confidence indicator in industry is a composite indicator calculated as an arithmetic average of balances of the demand, stock of finished goods (with an opposite sign) and the expected production. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 -8.00 22.30 -26.30 1993 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 0.00 Sep/19
Brazil 59.40 Sep/19
Canada 48.70 Sep/19
China 49.80 Sep/19
Euro Area -0.22 Sep/19
France 102.00 Sep/19
Germany 94.60 Sep/19
India 112.80 Sep/19
Indonesia 108.81 Jun/19
Italy 98.80 Sep/19
Japan 5.00 Sep/19
Mexico 50.30 Sep/19
Netherlands 3.30 Sep/19
Russia -2.00 Sep/19
Saudi Arabia 3.00 Jun/16
Singapore -11.00 Jun/19
South Africa 21.00 Sep/19
South Korea 71.00 Sep/19
Spain -5.30 Sep/19
Switzerland 93.20 Sep/19
Turkey 98.80 Sep/19
United Kingdom -32.00 Sep/19
United States 47.80 Sep/19


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