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Consumer confidence indicator in April 2021

Consumer confidence indicator in April 2021

Last update: 29.04.2021
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 29.04.2021

At the beginning of April, the consumer mood in Slovakia was significantly more optimistic than in the previous month. The seasonally adjusted indicator of consumer confidence, increased by 14 points to -22,5, month-on-month. The indicator thus reached its most favourable value and erased more than half of its losses since the deep slump in last April, thus also exceeding the level of its recovery after the first anti-epidemic measures in spring and significantly approaching the pre-pandemic levels.

Respondents were much more optimistic about the expectations of the development of unemployment and the general economic situation compared to last month. To a lesser extent, but still significantly more optimistic, they were also in the expectations of the financial situation of households and households savings.

Compared to a situation last year, when the indicator slumped deeply, respondents were significantly more optimistic (even by 19,4 points) and the current result is slightly below the long-term average (by 2,7 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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  • Slovak Republic
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