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Consumer confidence indicator in October 2021
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Consumer confidence indicator in October 2021

Last update: 28.10.2021
Ilustračný obrázok
Publisher: Headquarters Bratislava
Topic: Macroeconomic statistics
Domain: Business tendency surveys and consumer opinions
Publish Date: 28.10.2021

At the beginning of October, the consumer mood in Slovakia was more pessimistic than in the previous month. The seasonally adjusted indicator of consumer confidence, decreased by 1,8 points to -22, month-on-month. The indicator thus fell slightly below the level of the long-term average.

Respondents were more pessimistic about all the four components of the indicator, slightly in the expectations of unemployment and the overall economic situation. More pessimistic, but only to a slight degree, were they also in the expectations of the financial situation of households and in savings.

Compared to the situation a year ago, after a deep slump of the indicator due to the implementation of anti-epidemic measures, the respondents were significantly more optimistic ( by 11,7 points) and the current result returned slightly below the long-term average (by 2,5 points).

Note: The values of the consumer confidence indicator range from -100 (responses of all respondents are maximally pessimistic) to 100 (responses of all respondents are maximally optimistic). Data are seasonally adjusted.
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  • Slovak Republic
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