Consumer confidence slightly up in July

THE MOOD among consumers in Slovakia improved in July compared to June, with the indicator of consumer confidence going up 1.7 points month-on-month to -9.9 points, the Statistics Office reported on August 22.

THE MOOD among consumers in Slovakia improved in July compared to June, with the indicator of consumer confidence going up 1.7 points month-on-month to -9.9 points, the Statistics Office reported on August 22.

This was mainly due to more favourable evaluations with respect to developments in unemployment, future economic developments and prospects of savings, the TASR newswire wrote.

When considering the expected developments in relation to the financial situation of households, the indicator remained more or less the same. Compared with the figure recorded three months ago, the situation improved by 3.6 points. As for an annual comparison, consumers’ concerns were 10.2 points lower in July 2014 compared to the same period of 2013.

Furthermore, July’s figure also exceeded the long-term average and represented the best result since October 2008.

Source: TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

Top stories

Tesco in Zvolen
Business

Tesco might quit Slovakia

BRITISH retail chain Tesco is pondering quitting Slovakia after 19 years and selling 155 outlets, 18 filling stations and two big distribution stores, the Sme daily wrote.

02. Mar 2015
Commissioner Maroš Šefčovič
Opinion

Why we need the Energy Union

The Energy Union is an ambitious project, but done correctly it will set the EU’s energy policy for the foreseeable future and bring long term benefits to both businesses and citizens.

02. Mar 2015
Mainly-Roma borough of Košice.
Politics & society

Ex-officers suspected of bullying Roma minors acquitted by court

THE KOŠICE District Court acquitted former police officers prosecuted for the bullying of Roma boys that allegedly occurred on March 21, 2009, at a Košice police station.

02. Mar 2015
Politics & society

Minister seeks to modernise education

While Education Minister Juraj Draxler does not have a full four-year tenure to implement his vision for Slovakia’s education sector, he is offering plans that he thinks will push the country forward.

02. Mar 2015