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.

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Slovakia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-38.40 -36.90 6.50 -49.40 1997 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 08:00 AM Nov -34.6 -33.7 -30
2020-12-28 08:00 AM Dec -32.6 -34.6 -32.5
2021-01-28 08:00 AM Jan -36.9 -32.6 -34.1
2021-02-25 08:00 AM Feb -38.4 -36.9 -33
2021-03-30 07:00 AM Mar -38.4
2021-04-29 07:00 AM Apr
2021-05-28 07:00 AM May
2021-06-29 07:00 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Slovak Consumer Morale at 10-Month Low
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.
2021-02-25
Slovak Consumer Morale Hits 8-Month Low
The consumer confidence indicator in Slovakia decreased by 4.3 points from the previous month to -36.9 in January of 2021. It is the lowest reading since May and remains significantly below the pre-coronavirus pandemic levels as concerns over renewed coronavirus restrictions weighed on sentiment. All four main sub-indexes worsened: expected financial situation of households (-15.8 vs -11.1 in December); general economic outlook (-45.3 vs -41.8); future unemployment levels (63.9 vs 57.9); and expected savings in households (-22.4 vs -19.7).
2021-01-28
Slovak Consumer Morale Improves in December
The consumer confidence indicator in Slovakia increased to -32.6 in December of 2020 from -34.6 in the prior month, but still below pre-pandemic levels. All four sub-indexes improved: expected financial situation of households (-11.1 vs -12.9 in November); general economic outlook (-41.8 vs -43.8); future unemployment levels (57.9 vs 59.8); and expected savings in households (-19.7 vs -22).
2020-12-28
Slovak Consumer Morale Deteriorates in October
The consumer confidence indicator in Slovakia dropped to -33.7 in October 2020 from -31.0 in the previous month, amid rising COVID-19 cases and the threat of new lockdown measures. All four sub-indexes deteriorated: expected financial situation of households (-13.0 vs -9.7 in September); general economic outlook (-42.6 vs -36.1); future unemployment levels (57.1 vs 56.3); and expected financial situation of households (-22.1 vs -21.8).
2020-10-29

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.