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Consumer confidence indicator in November 2021
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Consumer confidence indicator in November 2021

Last update: 10.01.2022
Ilustračný obrázok
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 29.11.2021

At the beginning of November, the consumer mood in Slovakia was more pessimistic than in the previous month. The seasonally adjusted indicator of consumer confidence, decreased by 0,9 points to -22,9, month-on-month. The indicator has thus fell below the level of the long-term average.

Respondents were more pessimistic about three out of the four components of the indicator, slightly in line with unemployment expectations. They were more pessimistic, but only slightly, in the expectations of the overall economic situation and the financial situation of the household. They were only slightly more optimistic about the expectations of household savings.

Compared to the situation a year ago, after a deep slump in the indicator due to the implementation of anti-epidemic measures, respondents were significantly more optimistic (by 11,7 points) and the current result remained below the long-term average (by 3,4 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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