Slovakias consumer confidence deteriorates further in October 2012.

By bne IntelliNews November 22, 2012
Slovakias consumer sentiment deteriorated for the sixth month in a row in October 2012, reaching its lowest level since December 2011, a survey by the statistics office showed. According to the survey, carried out on a representative sample of 1,149 respondents in early October, the consumer confidence indicator fell to -38 points in October from -31.6 points in the previous month. The October confidence indicator remained below the long-term average and was by 15 points lower than three months ago and by 7.9 points below the year-ago level. The reasons for the deteriorating consumer confidence include rising concern in all evaluated components of the indicator, such as the expected development of unemployment, the economic situation in the country, the expected development of the financial situation and the possibility for household savings.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278

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