Tuesday, a report from the Statistical Office of the Slovak Republic showed that the economic sentiment indicator moved down 4.4 percentage points to 68.8 in April from the preceding month, which is the lowest reading since the series began in January 1997. Year-on-year, the sentiment indicator was down by 30.3 percentage points and fell 31.6 percentage points compared to the long-term average.

The statistical office said the economic indicator in April was influenced by negative developments in the confidence indicators of construction, services and industry.

In April, the industrial confidence indicator decreased to minus 26 from minus 24.7 in March. The construction confidence indicator moved down to minus 48.5 from minus 36, while the services confidence indicator declined to minus 20 from minus 12.3.

However, the retail trade confidence indicator improved slightly to minus 22.3 from minus 22.7 in March. At the same time, the consumer confidence indicator also increased to minus 43.9 from minus 46.2 in the preceding month.

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