Slovakia Business Confidence Rises in November
Image by Pixabay
The industrial confidence indicator in Slovakia increased by 4 points from a month earlier to -6 in November, marking the highest reading in three months, survey data from the Slovak Statistical Office (SÚSR) showed on Wednesday.
The improvement was influenced by a significant rebound in expected industrial production (17 vs -1 in October), particularly in other manufacture, repair and installations.
Additionally, there was a positive shift in expectations regarding selling prices (7 vs -2). On the other hand, stocks of finished goods continued to rise (20 vs 18), while current order level experienced a further decline (-15 vs -11).
Data also showed, that consumer confidence in Slovakia increased by 2.4 percentage points to -16.3 in November. It was the highest reading since March 2020, as expectations were less negative for general economic situation (-27.4 vs -29.3 in October), household financial situations (-9.1 vs -10.3), and future household savings (-16.2 vs -18.7).
Meanwhile, worries regarding unemployment decreased (12.5 vs 16.3).
Gebrüder Weiss Inaugurates HUF 10 bln Expansion
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
