The consumer confidence indicator in Slovakia decreased by 1.5 points to -38.4 in February of 2021. It is the lowest reading since a record slump in April and remains well below the pre-coronavirus pandemic levels amid lingering concerns over prolonged restrictions. Consumers were more pessimistic about the general economic situation (-48.9 vs -45.3); unemployment (64.3 vs 63.9) and savings (-24.8 vs -22.4). Meanwhile, expectations regarding their financial situation remained virtually unchanged (-15.7 vs -15.8). Compared to the situation last year, the respondents were more pessimistic by 27,3 points and the current result is below the long-term average by 18,6 points. source: Statistical Office of the Slovak Republic
Consumer Confidence in Slovakia averaged -19.95 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 March of 2021.
Consumer Confidence in Slovakia is expected to be -23.00 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.