Slovakia economic confidence increased in May largely due to an improvement in consumer confidence, survey data from the Statistical Office of the Slovak Republic showed Wednesday.
The economic sentiment index came in at 93.1, up from 92.6 in April.
The consumer confidence indicator increased by 4 points to -26 compared with April, as a result of significantly reduced pessimism. However, it stayed below the long-term average.
At the same time, confidence in industry dropped by 1.7 percentage point and that in services by 7.7 points. Meanwhile, confidence in construction rose marginally by 0.5 percentage point, the index rose by 0.3 percentage point in trade.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.