Skip to main content link using access key S.
Statistical Office SR
PortalMenuPortlet
Economic sentiment indicator in November 2019

Economic sentiment indicator in November 2019

Last update: 28.11.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 28.11.2019

In November compared with the value of the previous month, the three-months moving average of the economic sentiment indicator (ESI) increased by 0,8 points to 99. Confidence increased in industry and trade, contrastly, it partially dropped among consumers. In construction and services it remained relatively stable. ESI is currently lagging behind the long-term average by 4,6 points while it exceeds the result of the corresponding period last year by 1,6 points.

In November, the confidence indicator in industry increased by 11,7 percentage points (p. p.) to the value -1. The development of the indicator was favourably influenced by all the three indicators, mainly the increase of the expected production over the next three months and the increase of orders. In November, the confidence indicator in construction remained at the level of the previous month (-9,0), due to the same development of the overall level of orders and the evaluations of the expected employment. The current result is exceeding the long-term average by 16 points. In November compared with October, confidence indicator in trade increased by 8,3 p. p. to 28,3 as a result of positive evaluations of the current as well as the expected business activities. In November, the confidence indicator in services slightly increased again, its value (9,3) was higher by 0,6 percentage points, compared with October. The indicator´s development was affected by favourable evaluations of the business situation and the demand over the past three months, while the expected demand was evaluated negatively.

In November, the consumer mood in Slovakia partially deteriorated. The seasonally adjusted indicator of consumer confidence decreased by 1,3 points to -9. Respondents were more pessimistic in all indicator components, mainly in the expectations of the unemployment development and to a lesser extent in the expectations of the saving perspectives of households, financial situation of households and the general economic situation. The respondents were less optimistic by 5,8 points than in the corresponding period last year and the current result continues to exceed the long-term average.

 


Note: The values of the 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.

  • Issued by :

  • Statistical Office of the SR
  • Miletičova 3
  • 824 67 Bratislava
  • Slovak Republic
  • Information Services :

  • tel. +421 2 50 236 339
  • +421 2 50 236 335
  • e-mail: info@statistics.sk

While publishing of the whole information report or its parts, please state the source of information, the Statistical Office of the Slovak Republic

/wps/portal/ext/products/informationmessages/inf_sprava_detail Economic sentiment indicator in November 2019 Z6_Q7I8BB1A00BL30IJKSNHCF2GU5 /Štatistický úrad SR - Home /Products /Information reports Catalogue /Detail