Slovakia Business Mood Drops to Lowest Since 2023

The industrial confidence indicator in Slovakia dropped by 17 points to -15 in August 2026, down from 2.0 in July, reaching its lowest level since June 2023. Evaluations of current order levels (-17 vs -14) and current export orders (-18 vs -16) deteriorated further, while the assessment of the trend in industrial production turned negative (-7 vs 32). At the same time, expectations for the trend in industrial production (15 vs 16) and for product prices (8 vs 10) eased slightly. By contrast, current stocks of finished products increased (21 vs 12). Meanwhile, the employment outlook also worsened, slipping to 5 in August from 7 in July, signaling a further decline in overall industrial sentiment.