Consumer confidence in Slovakia worsens in January.

By bne IntelliNews February 22, 2011
Consumer confidence in Slovakia continued to deteriorate in January, the statistics office said in its latest consumer barometer survey. The composite indicator declined by 3.1pts m/m to negative 26.6 points The seasonally adjusted indicator stood at minus 27.5 points. Some 63% of the respondents believed that the economic situation in the country deteriorated over the previous twelve months and another 60% were pessimists for the prospects in the coming year. The inflationary pressures are expected to remain in the coming months with 53% of the respondents saying consumer inflation will accelerate and 31% saying prices will keep their pace of increase. The development of the labour market was another issue where the negative outlooks prevailed. Half of the respondents expect the unemployment rate to increase in the next year. The consumer barometer survey was carried out in early January on a sample of 1,152 respondents.

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss