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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SlovakiaSlovakia Consumer Confidence fell to -28.0% in August 2026
FMPMonthlyReleased August 2026
Slovakia Consumer Confidence fell to -28.0% in August 2026, down 0.6% from July's -27.4% reading. The reading matched the -27.8% consensus. Consumer Confidence has now declined for 3 consecutive months. Over the past 3 months, Consumer Confidence averaged -27.35%, vs -27.97% in the prior 3-month window. The reading is in the 10th percentile of the trailing 24-month range.
Latest Release
-28
Actual
-27.8
Consensus
-27.4
Previous
Median Absolute Error
±1.48 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: -27.88
Actual: -28
Error: +0.13
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.57 | COMMODITIES | Moves against | → View |
| BTC/USD | ▲ Direct | +0.55 | CRYPTO | Moves with | → View |
| GBP/USD | ▲ Direct | +0.55 | FOREX | Moves with | → View |
| EUR/USD | ▲ Direct | +0.29 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Slovakia) was reported at -28% in August 2026. This missed the market consensus of -27.8% by 0.2%. The reading fell from the previous value of -27.4%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged -25.73%, ranging from -28.3% to -22.3% across 11 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -27.57%, down from the prior three at -27.17%. Volatility over the past year (σ 2.28%) is lower than the prior year (σ 3.29%). In August readings over the past 3 years, Consumer Confidence has averaged -21.3%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 1.48%.
WHAT TO WATCH NEXT
The next release is scheduled for September 29, 2026.
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Consumer Confidence - SK
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About Consumer Confidence — Slovakia
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual -28 %, consensus -27.8 %. Prior reading (Jul 2026): -27.4 %. Before that (Jun 2026): -27.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.57) — a useful reference for commodities-focused traders.
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EXPECTED ZONE
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Economic Calendar - SK Events
| Thursday, September 17, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | SK | Harmonised Inflation Rate YoY | 3.1 | 3.2 | 3.1 | 3.10 | Low |
| 07:00 | SK | Harmonised Inflation Rate MoM | 0 | 0.1 | 0 | 0.00 | Low |
| Friday, September 18, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:00 | SK | Current Account | -226.5 | -320 | -248.50 | Low | |
| 10:00 | SK | Unemployment Rate | 5.3 | 5.3 | 5.25 | Low | |