BUSINESS IN SHORT

Sentiment up in April

THE ECONOMIC sentiment indicator stood at 96.5 points in April, up by 0.3 points compared to the previous month. The indicator was affected by increased confidence in services, industry and trade, and among consumers. Confidence, however, dropped in construction, the Statistics Office (ŠÚ) informed on April 30.

THE ECONOMIC sentiment indicator stood at 96.5 points in April, up by 0.3 points compared to the previous month. The indicator was affected by increased confidence in services, industry and trade, and among consumers. Confidence, however, dropped in construction, the Statistics Office (ŠÚ) informed on April 30.

The economic indicator is 3.9 points higher than last year, but lags behind its long-term average by 8 points.

The confidence indicator in industry rose by 2.4 points compared to March, to 0.7 points. It was affected by positive expectations of a rise in production in the following three months. The indicator in construction dropped by 6 points to -31 in April as a result of a negative evaluation of current demand and expected employment, according to the ŠÚ.

With trade, the confidence indicator rose by 2.4 percentage points compared to March, to 4.7 points, mostly due to positive evaluations of the business situation and the state of reserves.

The indicator in services grew by 7.4 percentage points month-on-month to 11.7 points. It was affected mostly by a positive evaluation of current and expected demand, while the respondents evaluated the business situation negatively, according to ŠÚ data.

Consumer confidence improved in April, mostly thanks to a more optimistic evaluation of future development of the economy and the unemployment rate. The indicator rose by 1.1 points month-on-month to -13.5 points.

Top stories

 Danubiana Meulensteen Art Museum

Slovak art dabbles in diversity

ADMIRERS of Andy Warhol might have already marked Slovakia on their map since the king of pop art was of Slovak origin. The country is rich in artistic tradition and boasts a large number of art galleries and…

A long wait is in store for foreigners seeking residence permits.

Interior Ministry still approaches foreigners in Slovak

IN ORDER to avoid endless waiting lines in Bratislava’s Office of the Border and Alien Police, the police called on foreign students to prolong their stay. However, foreigners not speaking Slovak may have difficulty…

The AeroMobil 3.0

Government okayed support for flying car development

BRATISLAVA-based company AeroMobil R&D, which is engaged in the development of a flying car, will be granted investment assistance of nearly €6 million from state coffers towards research and development activities,…

Slovakia in for tropical days, temperatures may reach 38 degrees

PEOPLE in Slovakia will have to prepare for some very hot weather in the days ahead, with the temperature possibly rising to 36 degrees Celsius in southern regions this weekend and to 38 degrees next week, Jozef…

MOST READ ARTICLES