Spain Business Confidence

The Spanish business confidence index increased to -0.2 in November of 2018 from a downwardly revised -1.9 in October. It is strongest reading since May, as expectations rose markedly for production (10.1 from 7.5 in October). In addition, the current assessment was more favorable for the current level of output (6.3 from 3.1), new orders (0.7 from -6.1) and export orders (-2.8 from -5.3). Business Confidence in Spain averaged -10.58 Index Points from 1980 until 2018, reaching an all time high of 8.50 Index Points in September of 1997 and a record low of -39 Index Points in March of 2009.

Business Confidence in Spain is expected to be 0.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Spain to stand at 0.40 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around -4.00 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-08-30	10:15 AM	Business Confidence	-4.3	-2.1	0.5
2018-09-27	10:40 AM	Business Confidence	-3.7	-4.8	-2.6
2018-10-30	03:30 PM	Business Confidence	-2.5	-3.6	-2
2018-11-29	10:55 AM	Business Confidence	-0.2	-1.9	-3
2019-01-09	10:30 AM	Business Confidence			0.50
2019-01-30	10:20 AM	Business Confidence
2019-02-27	11:15 AM	Business Confidence

Spain Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-0.20	-1.90	8.50	-39.00	Index Points	[+]
Services PMI	54.00	54.00	60.30	36.80	Index Points	[+]
Manufacturing PMI	52.60	51.80	56.10	41.10		[+]
Industrial Production	0.80	-0.20	13.60	-21.70	percent	[+]
Industrial Production Mom	1.20	-0.70	9.30	-12.00	percent	[+]
Manufacturing Production	1.00	0.10	13.70	-22.70	percent	[+]
Capacity Utilization	78.50	79.50	90.00	68.86	percent	[+]
Changes in Inventories	2255.00	1862.00	2255.00	-3402.00	EUR Million	[+]
Bankruptcies	1079.00	1610.00	2854.00	11.00	Companies	[+]
Total Vehicle Sales	91063.00	88410.00	177375.00	23090.00		[+]
Car Production	1911.00	1532.00	2504.00	139.00	Hundred Units	[+]
Car Registrations	103592.00	106170.00	153732.00	3103.00		[+]
Internet Speed	15487.07	15362.73	15487.07	2354.24	KBps	[+]
IP Addresses	14575619.00	13803828.00	14855454.00	7640009.00	IP	[+]
Mining Production	-16.20	-15.30	20.70	-44.90	percent	[+]
Steel Production	1290.00	1267.00	1980.00	555.00	Thousand Tonnes	[+]
Competitiveness Index	74.20	73.75	74.20	4.49	Points	[+]
Competitiveness Rank	26.00	25.00	42.00	25.00		[+]
Ease of Doing Business	30.00	28.00	62.00	28.00		[+]
Electricity Production	22286.00	23857.00	27405.00	20466.00	Gigawatt-hour	[+]
Corruption Index	57.00	58.00	71.00	43.10	Points	[+]
Corruption Rank	42.00	41.00	42.00	20.00		[+]
Factory Orders	-0.50	7.50	13.20	-33.60	percent	[+]

In Spain, the Industrial Confidence Indicator (ICI) measures the level of optimism of entrepreneurs for the future development of industrial activity. The ICI is conducted based on the sample of 2500 enterprises representing different sizes, regions and sectors of Spanish economy. The response rate is around 60 percent. ICI is measured on a scale of -100 (extreme lack of confidence) to +100 (extreme confidence). 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-0.20	-1.90	8.50	-39.00	1980 - 2018	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	4.00	Oct/18	6	21 : -30	Index Points
Brazil	63.20	Nov/18	53.7	68.5 : 35	Index Points
Canada	57.20	Nov/18	61.8	75 : 36.1	Index Points
China	50.00	Nov/18	50.2	59.2 : 38.8	Index Points
Euro Area	1.09	Nov/18	1.01	1.62 : -3.27	Index Points
France	105.00	Nov/18	104	124 : 66	Index Points
Germany	102.00	Nov/18	103	110 : 80.2	Index Points
India	64.90	Jun/18	60.1	71.8 : 45.7	Index Points
Indonesia	108.05	Sep/18	113	122 : 95.12	Index Points
Italy	104.40	Nov/18	105	122 : 71.5	Index Points
Japan	19.00	Sep/18	21	53 : -58	Index Points
Mexico	49.90	Nov/18	50.6	58.1 : 33.7	Index Points
Netherlands	7.20	Nov/18	5.9	10.9 : -23.5	Index Points
Russia	-6.00	Nov/18	-5	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-1.00	Sep/18	7	54 : -57	Index Points
South Africa	31.00	Dec/18	34	91 : 10.2	Index Points
South Korea	73.00	Nov/18	71	119 : 35	Index Points
Spain	-0.20	Nov/18	-1.9	8.5 : -39	Index Points
Switzerland	99.10	Nov/18	100	119 : 70.7	Index Points
Turkey	92.80	Nov/18	87.6	123 : 52.6	Index Points
United Kingdom	-16.00	Dec/18	-3	55 : -75	Index Points
United States	59.30	Nov/18	57.7	77.5 : 29.4	Index Points