The industrial confidence indicator in Slovakia increased by 3.7 points to 10 in May of 2022, its highest since last June. Optimism among manufacturers has mainly been attributed to increased orders (17 points vs. 6 points a month earlier) and decreased finished goods stock (21 vs. 23 a month earlier). Meanwhile, production expectations fell slightly to 34 from 36. source: Statistical Office of the Slovak Republic
Business Confidence in Slovakia averaged 0.44 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 June of 2022.
Business Confidence in Slovakia is expected to be -8.00 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.