The industrial confidence indicator in Slovakia dropped sharply by 11.3 points to -1.3 in June of 2022, its lowest since February. Pessimism among manufacturers has been mainly attributed to a decline in new orders (8 vs 17), especially in manufacture of computers, electronic and optical products, and the fall in the expected production (5 vs 34) in the key car manufacturing. Also, sentiments deteriorated in the current assessment for stocks of finished goods (17 vs 21) and selling price expectations (35 vs 40). Meanwhile, prospects improved slightly regarding expected employment (15 vs 14). source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia averaged 0.43 points from 1993 until 2022, reaching an all time high of 22.30 points in May of 2007 and a record low of -42.30 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Business Confidence in Slovakia is expected to be 6.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Business Confidence is projected to trend around 0.50 points in 2023, according to our econometric models.