Slovakia: Economic sentiment increases in December
Economic sentiment rose to 94.2 in December from November’s 93.5. As a result, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected improved sentiment in the industrial, construction and retail sectors, coupled with rising consumer sentiment. However, confidence in the services sector deteriorated in December.
Referring to indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index decreased in December.