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Consumer confidence indicator in May 2020

Consumer confidence indicator in May 2020

Last update: 28.05.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 28.05.2020

At the beginning of May, after the last month´s fall, the consumer mood in Slovakia was more optimistic than a month ago. The seasonally adjusted indicator of consumer confidence, increased month-on-month by 3,8 points to -38,1. Respondents were more optimistic in three indicator components, mainly in the expectations of the financial situation of households and the general economic situation, less in the expectations of the saving perspectives of households. Their expectations of the unemployment development basically didn´t change. Compared with the situation last year, the respondents were more pessimistic by 31,5 points and the current result is below the long-term average by 19,1 points.

Respondents were contacted after the 1st phase of the release of measures to combat the spread of coronavirus, and during the data collection, the 2nd and 3rd phases of the release of measures were announced (on 6 May 2020). The previous survey in April took place before the announcement of the first phase of the release of measures on 22 April 2020.


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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  • Statistical Office of the SR
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  • 824 67 Bratislava
  • Slovak Republic
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