The consumer mood in Slovakia is gradually deteriorating towards the end of the year. At the beginning of December, it was steadily declining for the fourth consecutive month, and the level reached was the lowest since March this year. The seasonally adjusted indicator of consumer confidence  was at the level of -25.9, it dropped by 3 points month-on-month, thus the lag behind the long-term average is slightly deepening.

Respondents were more pessimistic about all the four components of the indicator. Concerns have risen the most in the expectations of the general economic situation and the financial situation of the households. Respondents were slightly more pessimistic about the expectations of household savings as well as the development of unemployment.

Compared to the situation a year ago, when the indicator lagged significantly behind the long-term average, respondents were quite significantly more optimistic (by 6,7 points), but the current result remained below the long-term average (by 6,4 points).