The industrial confidence indicator in Slovakia fell to -3.3 in December of 2021, from a flat reading in the previous month, due to a drop in production expectations (14 from 24 in November). On the other hand, the downturn was limited by improvements in production assessments (16 from -22), in export order books (13 from 6), and in the employment outlook (7 from 1). Meanwhile, the subindices of selling price expectations, finished goods inventories, and order books were almost unchanged. source: Statistical Office of the Slovak Republic

Business Confidence in Slovakia averaged 0.43 points from 1993 until 2021, 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 January of 2022.

Business Confidence in Slovakia is expected to be -9.00 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 2022, according to our econometric models.

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Slovakia Business Confidence


Calendar GMT Actual Previous Consensus TEForecast
2021-11-29 08:00 AM Nov 0 -4.7 -5.3
2021-12-30 08:00 AM Dec -3.3 0 -9
2022-01-28 08:00 AM Jan -3.3 -3.5


Related Last Previous Unit Reference
Business Confidence -3.30 0.00 points Dec/21
Industrial Production 4.30 -0.60 percent Nov/21
Manufacturing Production 3.70 -1.70 percent Nov/21
Mining Production -19.00 -23.40 percent Nov/21
New Orders 4823.50 4345.70 EUR Million Oct/21
Electricity Production 2356.00 2300.00 Gigawatt-hour Oct/21
Changes In Inventories 1.69 0.69 EUR Billion Sep/21
Factory Orders 10.90 46.10 percent Jun/21

News Stream
Slovakia Business Morale Deteriorates in December
The industrial confidence indicator in Slovakia fell to -3.3 in December of 2021, from a flat reading in the previous month, due to a drop in production expectations (14 from 24 in November). On the other hand, the downturn was limited by improvements in production assessments (16 from -22), in export order books (13 from 6), and in the employment outlook (7 from 1). Meanwhile, the subindices of selling price expectations, finished goods inventories, and order books were almost unchanged.
2021-12-30
Slovak Business Sentiment Slips to 8-Month Low
The industrial confidence indicator in Slovakia fell by 5.4 points from the previous month to -4.7 in October of 2021, its lowest since February. The indicator´s development was influenced by all three indicators, specifically the decrease of orders (-4 vs 0 in September), the increase of the goods stock (28 vs 21) and the decline in production expectations (18 vs 23). Additionally, prospects for employment (1 vs 11) and exports (-1 vs 3) fell significantly.
2021-10-28
Slovakia Business Morale Slightly Recovers
The industrial confidence indicator in Slovakia rose to 0.7 in September of 2021, from -1 in the previous month, as a recovery in production expectations (23 from 17 in August) more than compensated for a sharp drop in production assessments (-17 from 1). To a lesser extent, the employment outlook also improved (11 from 9), mainly in manufacturing of wood & paper products and machinery & equipment. On the price front, manufacturers expected selling prices to rise faster (11 from 10) but reported a slight contraction in both order books (0 from 1) and exports (3 from 4).
2021-09-29

Slovakia Business Confidence
In Slovakia, the confidence indicator in industry measures the level of optimism that companies have about the performance of the economy and how they feel about their organizations’ prospects. Statistical Office of the Slovak Republic confidence indicator in industry is a composite indicator calculated as an arithmetic average of balances of the demand, stock of finished goods (with an opposite sign) and the expected production.