Consumer Survey

Business tendency surveys and consumer opinions

Consumer Survey monitors the dynamics of change in the evaluations of the business situation in Slovakia by its population, financial situation of households, it is dealing with their expectations for next 12 months and with the investment intentions of households.

Statistical Office of the Slovak Republic

Business balances

The results are published in the form of a coefficient, based on the weighted comparison of positive and negative expressions

I = a*(+ +) + b*(+) - c*(-) - d*(- -),

whereby

• a, b, c, d are weights defined by the European Commission
• (+ +), (+), (-), (- -) is a percent composition of the relevant answer

A coefficient takes its values from minus hundred (provided that all responses were absolutely unfavourable from the respondent´s point of view and nobody replied “I don´t know”) to the value of plus hundred conversely (evaluations of all respondents were absolutely favourable). The exceptions are the inflation and unemployment indicators having a positive value in accordance with the international methodology, despite the unfavourable evaluations from the respondent´s point of view and their analogically negative values, when the situation is positively evaluated by the respondents.

The Joint Harmonised EU Programme of Business and Consumer Surveys User Guide

Consumer Confidence Indicator, Economic Sentiment Indicator (ESI)