Consumer Confidence in Slovakia decreased to -22.90 points in November from -22 points in October of 2021. source: Statistical Office of the Slovak Republic

Consumer Confidence in Slovakia averaged -20.03 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 December of 2021.

Consumer Confidence in Slovakia is expected to be -32.00 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 -5.00 points in 2022 and -2.00 points in 2023, according to our econometric models.

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Slovakia Consumer Confidence

Calendar GMT Actual Previous Consensus TEForecast
2021-10-28 07:00 AM Oct -22 -20.2 -23.4
2021-11-29 08:00 AM Nov -22.9 -22 -25.5
2021-12-28 08:00 AM Dec -32

Related Last Previous Unit Reference
Consumer Confidence -22.90 -22.00 points Nov/21
Retail Sales MoM -2.70 3.70 percent Oct/21
Retail Sales YoY 2.20 5.30 percent Oct/21
Consumer Spending 12.83 12.32 EUR Billion Sep/21
Disposable Personal Income 14944.00 13837.00 EUR Million Jun/21
Personal Savings 1494.00 1603.00 EUR Million Jun/21
Gasoline Prices 1.73 1.65 USD/Liter Oct/21
Economic Optimism Index 97.00 100.10 points Oct/21

News Stream
Slovak Consumer Morale at 6-Month Low
The consumer confidence indicator in Slovakia decreased by 1.8 percentage points to -22 in October of 2021. It was the lowest reading since April, with consumers surveyed more worried about the general economic situation in the country, unemployment, the financial situation of households and savings.
Slovak Consumers More Pessimistic in September
The consumer confidence indicator in Slovakia went down by 1.4 percentage points to -20.2 in September of 2021. Sentiment deteriorated especially in consumers’ views regarding the general economic situation in the country (-31.5 from -28.6 in August) and households’ financial situations (-8.3 from -4.4). At the same time, unemployment was expected to rise (25.7 from 25.1), while the expected household savings improved from the previous month (-15.4 from -17.1). Compared to the situation last year, the respondents were more optimistic by 10.8 points, just 0.7 points below the long-term average.
Slovak Consumer Morale at Over 1-Year High
The consumer confidence indicator in Slovakia increased by 2.7 percentage points to -18.4 in June of 2021. It was the highest reading since March of 2020 when the Covid-19 pandemic began to be felt, amid ongoing optimism around the easing of lockdown restrictions. Consumers were less worried about unemployment (26.1 vs 33.8 in May), while there was an improvement in expectations regarding the general economic situation (-25.6 vs -28.2) and in the household savings (-15.9 vs -16.4). Conversely, prospects about the financial situation of households continued to deteriorate (-6.1 vs -5.8).

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.