The consumer confidence indicator in Slovakia fell by 1.5 points to a one-year low of -33.3 in May of 2022, as concerns about the expected financial situation of households (-15.2 points vs. 11.4 points) and the general economic situation increased the most (-45.9 vs. -42.3 in April). Consumers also assumed a more negative development of their savings (-20.9 vs. -20.8). However, worries about unemployment decreased (16.2 vs. 17.8), and expected inflation also fell (61.8 points vs. 66.5 in April) but was higher than at the beginning of the year (59.4 points). source: Statistical Office of the Slovak Republic

Consumer Confidence in Slovakia averaged -20.11 points from 1997 until 2022, 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 June of 2022.

Consumer Confidence in Slovakia is expected to be -22.00 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 -12.00 points in 2023 and -5.00 points in 2024, according to our econometric models.

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Slovakia Consumer Confidence



Calendar GMT Actual Previous Consensus TEForecast
2022-04-29 07:00 AM Apr -23.1 -28.3 -29
2022-05-30 07:00 AM May -24.6 -23.1 -26
2022-06-29 07:00 AM Jun -24.6 -26.5


Related Last Previous Unit Reference
Consumer Confidence -24.60 -23.10 points May 2022
Retail Sales MoM -1.50 -1.60 percent Apr 2022
Retail Sales YoY 9.50 14.50 percent Apr 2022
Consumer Spending 12.30 12.79 EUR Billion Mar 2022
Disposable Personal Income 15459.00 16524.00 EUR Million Mar 2022
Personal Savings 824.00 2129.00 EUR Million Mar 2022
Gasoline Prices 1.94 1.83 USD/Liter May 2022
Economic Optimism Index 109.20 103.10 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-24.60 -23.10 6.50 -49.40 1997 - 2022 points Monthly
SA

News Stream
Slovak Consumer Morale Declines in May
The consumer confidence indicator in Slovakia fell by 1.5 points to a one-year low of -33.3 in May of 2022, as concerns about the expected financial situation of households (-15.2 points vs. 11.4 points) and the general economic situation increased the most (-45.9 vs. -42.3 in April). Consumers also assumed a more negative development of their savings (-20.9 vs. -20.8). However, worries about unemployment decreased (16.2 vs. 17.8), and expected inflation also fell (61.8 points vs. 66.5 in April) but was higher than at the beginning of the year (59.4 points).
2022-05-30
Slovak Consumer Morale Hits 1-Year Low
The consumer confidence indicator in Slovakia fell by 6 points to a one-year low of -28.3 in March of 2022, as concerns about the expected development of the economic situation have increased (-48.6 vs -36.8 in February). Consumers also assumed a more negative development of the financial situation (-17.1 vs -14.1) and savings (-22.7 vs -15.6) of their households. Worries about unemployment also increased (24.6 vs 22.7), after an improvement in the previous two months.
2022-03-30
Slovak Consumer Morale Worsens in February
The consumer confidence indicator in Slovakia fell by 0.9 points to -22.3 in February of 2022 from a four-month-high of 21.4 in January. Respondents were more pessimistic about three out of the four components of the indicator, with concerns rising mainly about the expected development of their household's financial situation. Also, the development of the general economic situation, as well as the expected household savings, were also assumed less favorable. Only concerns about the expected development of unemployment have eased.
2022-02-25