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Consumer confidence indicator in February 2020

Consumer confidence indicator in February 2020

Last update: 27.11.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 27.02.2020

In February, the consumer mood in Slovakia slightly improved. Compared with the previous month, the seasonally adjusted indicator of consumer confidence increased by 0,8 points to -11,1. Respondents were more optimistic in three indicator components, mainly in the expectations of the general economic situation, somewhat less in the expectations of the financial situation of households and the unemployment development. On the contrary, they were more pessimistic in the saving perspectives. Compared with the situation last year, the respondents were more pessimistic by 6,1 points and the current result continues to exceed the long-term average.

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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  • 840 05 Bratislava 45
  • Slovak Republic
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