The seasonally adjusted industry confidence indicator in Spain declined by 0.9 points from the previous month to -5.4 in March 2024, remaining in pessimistic territory for the 21st consecutive period. Output expectations deteriorated (2.6 vs 5.0 in February), and the stock level increased for a second month in a row (11.7 vs 10.7), while the inflow of new orders fell at a slower pace (-7.1 vs -7.9). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain decreased to -5.40 points in March from -4.50 points in February of 2024. Business Confidence in Spain averaged -9.88 points from 1980 until 2024, reaching an all time high of 9.50 points in February of 2022 and a record low of -38.30 points in March of 2009. This page provides the latest reported value for - Spain Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Spain Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Business Confidence in Spain decreased to -5.40 points in March from -4.50 points in February of 2024. Business Confidence in Spain is expected to be -3.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Spain Business Confidence is projected to trend around 2.40 points in 2025, according to our econometric models.