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Consumer confidence indicator in February 2021
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Consumer confidence indicator in February 2021

Last update: 25.11.2021
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Consumer prices and prices of production statistics
Publish Date: 25.02.2021

At the beginning of February, the consumer mood in Slovakia was again slightly more pessimistic than in the previous month. The seasonally adjusted indicator of consumer confidence, decreased by 1,5 points to -38,4, month-on-month. The indicator thus achieved its worst value since its historical slump in last April and it is well below the pre-coronavirus pandemic level. Compared to the previous month, respondents were slightly more pessimistic in their expectations of the general economic situation and household savings and only slightly in their expectations of unemployment. Their expectations of the financial situation of households remained virtually unchanged. Compared to the situation last year, the respondents were more pessimistic by 27,3 points and the current result is below the long-term average by 18,6 points.

Note: The values of the consumer confidence indicator range from -100 (responses of all respondents are maximally pessimistic) to 100 (responses of all respondents are maximally optimistic). Data are seasonally adjusted.

 

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