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Slovakia: Pessismism Grows Again
The Slovak Statistical Office published the results of business survey and economic sentiment indicator in November 2012. The economic sentiment confidence indicator has reached the lowest level since December 2008.
Slovakia: Pessismism Grows Again / Picture: © Vindobona.org
The three-month moving average of economic sentiment indicator (ESI)1) continued decreasing and its value decreased by 2,4 points compared with the previous month to the lowest level (83,7) since December 2009. It was affected by an unfavourable development in all groups except consumers. ESI is constantly lower than in the corresponding period last year (by…
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