Spectator on facebook

Spectator on facebook

Consumer sentiment in Slovakia continues to deteriorate

Consumer sentiment in Slovakia is continuing to deteriorate, a survey by the Slovak Statistics Office (ŠÚ) from the beginning of October has found.

Consumer sentiment in Slovakia is continuing to deteriorate, a survey by the Slovak Statistics Office (ŠÚ) from the beginning of October has found.

According to the survey, the consumer confidence indicator in Slovakia in October decreased compared to the previous month by 6.4 points to minus 38 points. Consumer confidence in the country thus declined for the sixth month in a row, the SITA newswire reported, quoting the ŠÚ. The causes include rising concern in all evaluated components of the indicator, such as the expected development of unemployment, the economic situation in the country, the expected development of the financial situation and the possibility of household saving. In October, consumers were 15 points more pessimistic than three months ago and 7.9 points more than a year ago. The October result also remains below the long-term average.

Compared to the previous month, out of twelve indicators monitored the situation improved in just three. These were the balance of income and expenditure of households, the atmosphere for saving in the country, and households’ plans for major purchases. In conditions for large purchases across the country, the month-on-month change was less than one point. In eight indicators, the survey reported deterioration compared to the previous month.

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.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava