Slovak consumer confidence improves

Consumer sentiment in Slovakia increased considerably throughout April as measured by the consumer barometer survey conducted by the Slovak Statistics Office (ŠÚ). The index increased by 11.5 points in April to reach a level of minus 20.8 points.

Consumer sentiment in Slovakia increased considerably throughout April as measured by the consumer barometer survey conducted by the Slovak Statistics Office (ŠÚ). The index increased by 11.5 points in April to reach a level of minus 20.8 points.

"Concerns of inhabitants came down regarding all items while the most significant drop was recorded with the evaluation of prospects of the economic situation and unemployment in the country," the SITA newswire wrote, quoting the ŠÚ.

Compared with three months ago, consumer sentiment improved 15 points and was nine points higher than a year ago. The improvement of over 15 points was thought to be a result of less concern about unemployment and worries about the economic situation. The planned savings by households, the current economic situation in the country as well as the expected financial situation of households improved by over 5 points in the April index.

Source: SITA

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

Get daily Slovak news directly to your inbox

Top stories

Economic restart after COVID-19 should be green

Slovakia’s plan for using money from the EU’s Recovery Fund, innovation potential and examples of green solutions and the challenge of renovating buildings are among the highlights of the latest Business Focus.

The Velux plant in Partizánske utilises 97 percent of waste from production.

Cabinet agrees on COVID screening

More details will be presented tomorrow.

Košice

More tips for outings in Bratislava during the lockdown

Walks along the Danube bank offer a feeling of being far from the city rush.

This place, part of Ovsištské Lúky (Ovsište Meadows) in Petržalka, is still Bratislava.

Roundup: Fairytale app that makes children read

An award-winning design by a Slovak architect and a trip to Zádielska dolina valley. Here’s your latest roundup.

A man wearing a face covering sits in an armchair on the snow-covered Main Street in Košice on January 13, 2021.