Consumer Confidence in Slovakia increased to -18.80 points in August from -20.60 points in July of 2021. source: Statistical Office of the Slovak Republic

Consumer Confidence in Slovakia averaged -20.01 points from 1997 until 2021, 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 September of 2021.

Consumer Confidence in Slovakia is expected to be -18.00 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 -11.00 points in 2022, according to our econometric models.

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Slovakia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-18.80 -20.60 6.50 -49.40 1997 - 2021 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-28 07:00 AM May -21.1 -22.5 -21.3
2021-06-29 07:00 AM Jun -18.4 -21.1 -20
2021-07-29 07:00 AM Jul -20.6 -18.4 -20
2021-08-30 07:00 AM Aug -18.8 -20.6 -22
2021-09-28 07:00 AM Sep -18.8
2021-10-29 08:00 AM Oct
2021-11-26 08:00 AM Nov
2021-12-28 08:00 AM Dec


News Stream
Slovak Consumer Morale at Over 1-Year High
The consumer confidence indicator in Slovakia increased by 2.7 percentage points to -18.4 in June of 2021. It was the highest reading since March of 2020 when the Covid-19 pandemic began to be felt, amid ongoing optimism around the easing of lockdown restrictions. Consumers were less worried about unemployment (26.1 vs 33.8 in May), while there was an improvement in expectations regarding the general economic situation (-25.6 vs -28.2) and in the household savings (-15.9 vs -16.4). Conversely, prospects about the financial situation of households continued to deteriorate (-6.1 vs -5.8).
2021-06-29
Slovak Consumer Morale Improves Slightly in May
The consumer confidence indicator in Slovakia added 1.4 percentage points to -21.1 in May of 2021. It was the highest reading since March last year and the closest to pre-pandemic levels, lifted by an improvement in unemployment expectations (33.8 from 43.4 in April). On the other hand, Slovakian consumers were more pessimistic regarding the general economic situation in the country (-28.2 from -25.9) and households’ financial situations (-5.8 from -4.1), while the expected household savings remained unchanged from the previous month at -16.4. Compared to the situation last year, the respondents were more optimistic by 17 points, slightly below the long-term average by 1.6 points.
2021-05-28
Slovak Consumer Morale at 13-Month High
The consumer confidence indicator in Slovakia jumped 14 percentage points to -22.5 in April of 2021. It was the highest reading since March last year and the closest to pre-pandemic levels, as consumers were more optimistic in their expectations regarding unemployment (-43.4 from -64.7 in March) and the general economic situation in the country (-25.9 from -46.3). To a lesser extent, there were also improvements in expectations of households’ financial situation (-4.1 from -13.5) and in household savings (-16.4 from -21.6). Compared to the situation last year, the respondents were more optimistic by 19.4 points due to baseline effects and the current result is below the long-term average by 2.7 points.
2021-04-29
Slovak March Consumer Morale at 3-Month High
The consumer confidence indicator in Slovakia rose by 1.9 percentage points to -36.5 in March of 2021. It was the highest reading since December, as consumers were slightly more optimistic in their expectations of the financial situation of households (-13.5 vs -15.7 in February), general economic situation (-46.3 vs -48.9) and household savings (-21.6 vs -24.8). Still, concerns about unemployment increased (64.7 vs 64.3). Compared to the situation last year, the respondents were more pessimistic by 28.7 points and the current result is below the long-term average by 16.7 points.
2021-03-30

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.