The consumer confidence indicator in Slovakia fell to -10.4 in December 2019 from -9.0 in the previous month. It was the weakest reading since November 2015, as consumers were more pessimistic in all indicator components, mainly in the expectations of the general economic situation, unemployment development and the saving perspectives of households and partly also the financial situation of households.

Consumer Confidence in Slovakia averaged -19.45 points from 1997 until 2019, 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.

Consumer 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. Looking forward, we estimate Consumer Confidence in Slovakia to stand at -5.90 in 12 months time. In the long-term, the Slovakia Consumer Confidence is projected to trend around -7.00 points in 2020, according to our econometric models.


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Slovakia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-10.40 -9.00 6.50 -49.40 1997 - 2019 points Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 07:00 AM Sep -7.6 -7.6 -7.5
2019-10-29 08:00 AM Oct -7.7 -7.6 -8
2019-11-28 08:00 AM Nov -9 -7.7 -8
2019-12-27 08:00 AM Dec -10.4 -9 -8
2020-01-29 08:00 AM Jan -10.4 -9.5


News Stream
2019-11-28
Slovak Consumer Morale Lowest since 2016
The consumer confidence indicator in Slovakia fell to -9.0 in November of 2019 from -7.7 in the previous month. It was the lowest reading since August of 2016, as consumers were more pessimist regarding unemployment, their saving perspectives and financial situation.

2019-10-29
Slovak Consumer Morale Lowest in 9 Months
The consumer confidence indicator in Slovakia fell to -7.7 in October of 2019 from -7.6 in the previous month. It was the lowest reading since January, as the pessimistic expectations of the financial situation of households and the general economic situation were hampered by optimistic expectations of the saving perspectives of households, while the expectations of unemployment remained practically unchanged.

2019-09-27
Slovak Consumer Confidence Flat
The consumer morale indicator in Slovakia came in at -7.6 in September, unchanged from August’s seven-month low. Expectations deteriorated further for general economic situation (-12.5 vs -9.7 in August) and unemployment (4.5 vs 4.4) while improvements were seen in household's financial situation (0.9 vs -1.4) and their savings prospects (-14.3 vs -14.8).

2019-08-28
Slovak Consumer Confidence at 3-Month Low
The consumer confidence indicator in Slovakia declined by 3.5 points to -7.6 in August 2019 from -4.1 in the previous month. That was the worst reading since May, mainly due to weaker expectations over savings capacity and unemployment situation ahead. Also, consumers were slightly more negative regarding the financial situation of households and the general economic situation. The respondents were less optimistic by 4,1 points than in the corresponding period last year and the current result is exceeding the long-term average.

2019-07-29
Slovak Consumer Morale Falls in July
The consumer confidence indicator in Slovakia decreased to -4.1 in July of 2019 from -3.7 in the previous month. The pessimistic expectations of unemployment among consumers were hampered by their optimistic expectations of the saving perspectives of households while their expectations of the financial situation of households and the general economic situation remained relatively unchanged. The respondents were less optimistic by 0,3 points than in the corresponding period last year and the current result is exceeding the long-term average.

2019-06-28
Slovak Consumer Sentiment Improves to 6-Month High
The consumer confidence indicator in Slovakia increased to -3.7 in June of 2019 from -6.6 in the previous month. It was the highest reading since December of 2018, mainly due to an improvement in expectations regarding household’s financial situation (0.7 from -1 in May); the country’s economic situation (-7 from -9.1); prospects savings (-10.6 from -14.2) and unemployment (-2 from 2).


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.

Slovakia Consumer Last Previous Highest Lowest Unit
Consumer Confidence -10.40 -9.00 6.50 -49.40 points [+]
Retail Sales MoM 0.10 0.40 16.70 -14.00 percent [+]
Retail Sales YoY -4.00 -3.30 28.60 -14.30 percent [+]
Consumer Spending 12.29 10.82 12.29 5.59 EUR Billion [+]
Disposable Personal Income 14170.00 13409.00 14406.00 2435.00 EUR Million [+]
Personal Savings 1399.00 1218.00 2545.00 120.00 EUR Million [+]
Consumer Credit 6640.00 6640.00 6701.00 987.00 EUR Million [+]
Bank Lending Rate 2.72 2.72 4.73 2.52 percent [+]
Economic Optimism Index 97.90 99.00 119.00 71.90 points [+]
Gasoline Prices 1.46 1.47 2.06 0.61 USD/Liter [+]
Households Debt To Income 69.26 67.89 69.26 6.80 percent [+]