The industrial confidence indicator in Slovakia slumped 9.4 points to -5.7 in March 2019 from 3.7 in the previous month. It was the lowest reading since June 2013, mainly due to a decrease in production expectations over the next three months (-6 vs 17 in February). In addition, there was a deterioration in order books (-8 vs -6) and employment outlook (-18 vs -12). Business Confidence in Slovakia averaged 0.92 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 -4.00 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 -7.00 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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Calendar GMT Actual Previous Consensus TEForecast
2018-12-28 08:00 AM Business Confidence 1.3 1.7 1.9
2019-01-29 08:00 AM Business Confidence -2 1.3 1.8
2019-02-28 08:00 AM Business Confidence 3.7 0 0.9
2019-03-28 08:00 AM Business Confidence -5.7 3.7 2.1
2019-04-30 07:00 AM Business Confidence -5.7 -4
2019-05-28 07:00 AM Business Confidence
2019-06-28 07:00 AM Business Confidence -6


Slovakia Business Last Previous Highest Lowest Unit
Business Confidence -5.70 3.70 22.30 -26.30 Index Points [+]
Industrial Production 5.60 7.20 22.10 -27.00 percent [+]
Manufacturing Production 5.50 7.90 31.80 -31.30 percent [+]
Capacity Utilization 88.20 87.60 88.20 46.80 percent [+]
Car Registrations 7579.00 7230.00 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 1.20 0.00 25.30 -12.20 percent [+]
Mining Production 0.20 2.40 135.30 -57.00 percent [+]
New Orders 4520.00 3996.40 5149.90 698.80 EUR Million [+]
Steel Production 455.00 440.00 456.00 14.00 Thousand Tonnes [+]
Changes In Inventories -0.34 1.51 1.69 -0.94 EUR Billion [+]
Competitiveness Index 66.84 66.28 66.84 4.10 Points [+]
Competitiveness Rank 41.00 39.00 78.00 36.00 [+]
Ease of Doing Business 42.00 39.00 49.00 29.00 [+]
Electricity Production 2552.00 2289.00 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 [+]


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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-5.70 3.70 22.30 -26.30 1993 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 0.00 Mar/19
Brazil 61.90 Mar/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.80 Mar/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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