The consumer mood in Slovakia slightly deteriorated again compared to the previous month. The seasonally adjusted indicator of consumer confidence decreased by 0,9 points month-on-month to -22,3, thus still lagging behind the long-term average.
Respondents were more pessimistic about three out of the four components of the indicator, with concerns rising mainly about the expected development of their household's financial situation. However, the development of the general economic situation as well as the expected household savings were also assumed less favorable. Only concerns about the expected development of unemployment have eased.
Compared to the corresponding period last year, however, the development of the indicator was significantly more optimistic, by 16,1 points. There was a lag behind the long-term average by 2,8 points.