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Slovakia's consumer sentiment improved in July

Consumer sentiment in Slovakia is gradually improving, as confirmed by July data released by the Slovak Statistics Office (ŠÚ).

Consumer sentiment in Slovakia is gradually improving, as confirmed by July data released by the Slovak Statistics Office (ŠÚ).

The consumer confidence indicator grew 5.5 points to negative 20.1 points after pessimism fell across the board, but in particular in the category of expected savings. Compared to the situation three months ago, this is an improvement of 9.9 points and up 2.9 points from a year ago.

“After 11 months, the current value again exceeded the long-term average,” the ŠÚ said in releasing the data, as quoted by the SITA newswire. In a month-to-month comparison 10 of 12 monitored indictors improved. None of the indicators worsened from June. Compared to the situation three months ago, 14 of 15 indicators showed favourable results, with only decline coming in attitudes toward housing reconstruction plans. Compared to the same period last year, the current outcome is better in 10 of 15 categories.

(Source: SITA)
Compiled by Zuzana Vilikovská from press reports
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