Slovakia: Economic sentiment rises in July
Latest reading: Economic sentiment rose to 95.0 in July from June’s 92.9. Consequently, the index remained below the long-term average of 100, pointing to a muted near-term outlook for the economy.
The headline print reflected healthier sentiment in the industrial sector and among consumers. Moreover, confidence in the services plus retail sectors strengthened in July. That said, sentiment in the construction sector plunged.
Regarding indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index rose in July.