Slovakia economic sentiment lowest since October 2009
Photo by Natanael Ginting / Shutterstock.com
Slovakia’s economic sentiment weakened to the lowest level recorded in more than a decade in April amid the COVID-19 pandemic, data from the Slovak Statistical Office (SÚSR) shows.
Photo by Natanael Ginting / Shutterstock.com
The economic sentiment index dropped to 83.8 in April from 97.9 in March. This was the lowest reading recorded since October 2009.
Among components, the industrial confidence index decreased to -42.3 in April from -3 in the previous month. The morale in construction fell to -44.5 and that in retail trade decreased to -3.3 in April.
Services confidence weakened to -49.3 in April from -1 in the previous month. Consumer confidence index decreased to -41.9 in April from -7.8 in the preceding month, SÚSR said on April 29.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
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.
