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Consumer confidence indicator in January 2021
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Consumer confidence indicator in January 2021

Last update: 28.10.2021 | Number of views: 599
Ilustratívny obrázok/Illustrative image
Publisher: Statistical Office of the SR
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 28.01.2021

At the beginning of January, the consumer mood in Slovakia was more pessimistic than in the previous month. The seasonally adjusted indicator of consumer confidence, decreased by 4,3 points to -36,9, month-on-month. The indicator thus dropped again to the worst value since last May and it is significantly below the pre-coronavirus pandemic level, but it is relatively far from the worst value in April. Compared to the previous month, respondents were significantly more pessimistic in their expectations of unemployment and, to a lesser extent also in their expectations of the financial situation of households, the general economic situation and household savings. Compared to the situation last year, the respondents were more pessimistic by 25 points and the current result is below the long-term average by 17,1 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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