Spectator on facebook

Spectator on facebook

Survey: Economic crisis leads people in Slovakia to save more

More than half (52.3 percent) of consumers are currently saving more than in the past, as Slovaks show their capacity to 'uskromnit sa' (live more modestly), according to a survey carried out by TNS SK in May on a sample of 1,013 respondents.

More than half (52.3 percent) of consumers are currently saving more than in the past, as Slovaks show their capacity to 'uskromnit sa' (live more modestly), according to a survey carried out by TNS SK in May on a sample of 1,013 respondents.

Most of the remainder of those surveyed (45.3 percent) said that they were spending money in the same way as they had done in the past, while only 1.5 percent reported spending more, the TASR newswire wrote.

In addition, the results have shown that people have been trying to save mainly on major expenses and household investments (40.9 percent), expenses connected with holidays (40.5 percent), and money spent on ‘luxuries’ like visiting coffee bars, restaurants, and bars (38.4 percent). A third of respondents reported spending less on clothing (34.7 percent) and culture.

Compared to the Slovak-wide average, citizens of medium-sized and large towns – except Bratislava – reported saving more. People from Trenčín, Prešov and Žilina Regions, families with three or more children, manual workers, the unemployed, households with a net monthly income below €1,000, and households that have had long-term problems meeting their basic requirements also say they have been saving more during the crisis.

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

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava