Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Economic sentiment improves

THE MOOD in the Slovak economy improved again in April, according to the indicator of economic sentiment measured by the Statistics Office, which went up month-on-month by 2.2 points to 92.6 points, the SITA newswire reported.

THE MOOD in the Slovak economy improved again in April, according to the indicator of economic sentiment measured by the Statistics Office, which went up month-on-month by 2.2 points to 92.6 points, the SITA newswire reported.

This was mainly influenced by favourable developments in the economy in recent months, as well as by the moderate increase of confidence in industry and in services.

Despite this, economic sentiment is still 6.9 points lower than it was in April 2012. It continues to lag behind the long-term average by 12.7 points, SITA wrote.

The confidence indicator in industry went up in April by 1 percentage point to 1 point. Its development was influenced by growth in demand for industrial products and by the expected moderate increase in production for the next three months.

The confidence indicator in construction, however, dropped in April, after three consecutive months of growth, by 2 points in comparison with March, to minus 54 points, SITA reported. This was due to pessimistic evaluations of both current demand and the expected employment rate. Confidence in this sector lagged behind the long-term average by 28 points in April 2013.

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

We want a decent Slovakia, people chanted in squares

On the eve of the Velvet Revolution anniversary, people protested in the thousands, calling for a decent Slovakia.

Bratislava protest November 16, 2018

What we didn't know about our freedom

In 1989, we thought that once the job was done, we would only go out to the squares for Sunday walks.

November 1989 in Bratislava

Bratislava gets a taste of international poetry Video

The international poetry festival Ars Poetica will host poetry readings and other performances at various sites in the city.

Camilla Nelson

Fico sticks with his old-style politics

Only the former PM knows whether the inspiration for his latest stunt was the success of the For A Decent Slovakia-supported candidates in the municipal elections.