Slovakia: Economic sentiment falls in July, remains upbeat
Economic sentiment fell to 101.2 in July from June’s 103.7. That said, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected deteriorating confidence in the retail, services and industrial sectors. Moreover, consumer sentiment ticked down. More positively, sentiment in the construction sector improved.
Regarding indicators that are not used to calculate the index, employment expectations weakened, while the economic uncertainty index decreased in July.