The consumer confidence indicator in Slovakia increased to -38.1 in May of 2020 from a record low of -41.9 in the previous month, amid an improvement in expectations regarding household’s financial situation (-17 from -24.9 in April); the country’s economic situation (-49.6 from -54.8); unemployment (61.8 from 62.2); and savings prospects (-23.9 from -25.6).

Consumer Confidence in Slovakia averaged -19.49 points from 1997 until 2020, 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 2020.

Consumer Confidence in Slovakia is expected to be -37.00 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 -23.00 in 12 months time. In the long-term, the Slovakia Consumer Confidence is projected to trend around -16.00 points in 2021 and -11.00 points in 2022, according to our econometric models.

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Slovakia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-38.10 -41.90 6.50 -49.40 1997 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-27 08:00 AM Feb -11.1 -11.9 -12.4
2020-03-30 07:00 AM Mar -7.8 -11.1 -18
2020-04-29 07:00 AM Apr -41.9 -7.8 -14
2020-05-29 07:00 AM May -38.1 -41.9 -40.5
2020-06-29 07:00 AM Jun -38.1 -37
2020-07-29 07:00 AM Jul
2020-08-28 07:00 AM Aug
2020-09-28 07:00 AM Sep -33


News Stream
Slovakia Consumer Confidence Less Negative in May
The consumer confidence indicator in Slovakia increased to -38.1 in May of 2020 from a record low of -41.9 in the previous month, amid an improvement in expectations regarding household’s financial situation (-17 from -24.9 in April); the country’s economic situation (-49.6 from -54.8); unemployment (61.8 from 62.2); and savings prospects (-23.9 from -25.6).
2020-05-29
Slovakia Consumer Sentiment Falls to 11-Year Low
The consumer confidence indicator in Slovakia slumped to -41.9 in April 2020 from -7.8 in the previous month. It was the lowest reading since April 2009, amid a deterioration in expectations regarding household’s financial situation (-24.9 from -0.4 in March); the country’s economic situation (-54.8 from -10.4); unemployment (62.2 from 10.2); and savings prospects (-25.6 from -10.3).
2020-04-29
Slovak Consumer Morale Rises to 5-Month High
The consumer confidence indicator in Slovakia rose to -7.8 in March 2020 from 11.1 in the previous month, driven by an improvement in expectations regarding household’s financial situation (-0.4 from -2.4 in February); the country’s economic situation (-10.4 from -16.2); unemployment (10.2 from 11.2); and savings prospects (-10.3 from -14.6).
2020-03-30
Slovak Consumer Sentiment Improves Slightly in February
The consumer confidence indicator in Slovakia edged up to -11.1 in February of 2020 from -11.9 in the previous month, mainly due to an improvement in expectations regarding household’s financial situation (-2.4 from -3.4 in January); the country’s economic situation (-16.2 from -19.2) and unemployment (11.2 from 12.2). In contrast, savings prospects (-14.6 from -12.7) deteriorated.
2020-02-27

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.