CFA Society Slovakia recently launched an index to measure the expectations of Slovak investment professions on economic development and financial markets. 

Employees from more than 40 companies and institutions in Slovakia took part in the survey and responses were collected over three weeks (6 May – 26 May 2020).

The survey showed the perception of the current economic situation in Slovakia remained at low levels in May. However, the index of expectations in the next six months for the Slovak economy saw a marked increase. Likewise, expectations for the Eurozone and US economies recorded a strong increase.

CFA Society Slovakia would like to establish this as a leading indicator on the development of the Slovak economy and used the results to build awareness of the society and CFA charter locally. The results were shared with members, financial analysts, macro analysts, economists, portfolio managers, asset managers, risk managers and other industry professionals. The survey was also covered in the Slovak media, helping to raise the profile of the society.

Kamil Boros, CFA, Director of Media Committee, CFA Society Slovakia said: “Leading indicators are a very important component of the macroeconomic analysis and forecasting. We are glad that the broad base of our society’s members along with good relations with the key financial institution in the country has allowed us to create such an indicator for Slovakia.”

• View the full results here