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Slovakia Economic Sentiment March 2024

Slovakia: Economic sentiment reaches over two-year high in March

Economic sentiment came in at 100.1 in March, up from February’s 98.2. March’s result marked the joint-best performance since September 2021. Consequently, the index moved above the long-term average of 100, pointing to a positive near-term outlook for the economy.

The headline print reflected stronger sentiment in the industrial sector and among consumers. Meanwhile, sentiment in the construction sector deteriorated, and confidence in the and retail plus services sectors weakened in March.

Considering indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index fell in March.

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