Economic sentiment in Slovakia worsens in June

Following several months of a positive trend, economic sentiment in Slovakia worsened in June, as the Slovak Statistics Office said on June 28 that its economic sentiment indicator dropped 0.8 points month-on-month to 91.8 points due to unfavourable developments of all components of the indicator, except the services sector, the SITA newswire reported. The indicator is lower than in the same period of last year, by 3.7 points and is lagging its long-term average by 5.8 points.

Following several months of a positive trend, economic sentiment in Slovakia worsened in June, as the Slovak Statistics Office said on June 28 that its economic sentiment indicator dropped 0.8 points month-on-month to 91.8 points due to unfavourable developments of all components of the indicator, except the services sector, the SITA newswire reported. The indicator is lower than in the same period of last year, by 3.7 points and is lagging its long-term average by 5.8 points.

The confidence indicator in industry in June fell 0.7 points to 2 points, which brought it moderately below the long-term average by three points. The confidence indicator in the construction sector dropped in June from the previous month by 1.5 points to minus 37.5 and lags behind of the long-term average by 12.5 points.

The confidence indicator in trade dropped 5.6 points to 1.7 points in June from the previous month. Consumer sentiment did not change much in June, as it dropped 0.1 points from May to minus 22.6 points. Compared with the same period of last year, consumer sentiment is higher by 2.1 points.

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

The automotive industry contributed to good industrial production numbers.

Hospitality sector kept falling, but industry showed resistance towards the second wave

Take a look at what the February 2021 statistics show about the economic situation in Slovakia.

7. mar
Illustrative stock photo

The ministry published instructions for Covid home treatment after one year

There is one more website to find information, but only in Slovak.

19 h
Drotárska Cesta street without the trees.

Outrage over Old Town tree felling

Controversial cutting down of woodland for Drotárska Cesta project prompts calls for new planning laws.

22 h