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Consumer confidence indicator in March 2021

Consumer confidence indicator in March 2021

Last update: 30.03.2021
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 30.03.2021

At the beginning of March, the consumer mood in Slovakia was slightly more optimistic than in the previous month. The seasonally adjusted indicator of consumer confidence increased by 1,9 points to -36,5, month-on-month. The indicator thus slightly improved again, after the previous two-month deterioration, however it is still well below the pre-coronavirus pandemic level, close to the values during the first anti-pandemic measures last spring. Compared to the previous month, respondents were slightly more optimistic in their expectations of the financial situation of households, general economic situation and household savings. In their expectations of unemployment they were slightly more pessimistic. 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.

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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