Slovakia Consumer Morale Edges Down in February
The consumer confidence indicator in Slovakia went down by 0.9 points to -33.3 in February from -32.4 in the previous month, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Monday.
Compared to last month, concerns about the development of unemployment (31.5 vs 27.8 in January), as well as about the general economic situation (-52.8 vs -51.9) have increased.
However, survey respondents predicted a more positive development of their households' finances (-21.7 vs -22.1). Expectations for savings (-27.2 vs -27.7) also increased marginally.
A separate report showed, that in Slovakia the industrial confidence indicator fell by 2.4 points to -14.7 in February from a three-month high of -12.3 in the previous month.
The decline was influenced by the decrease in expected production, mainly in the production of machinery and equipment not classified elsewhere.
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