Spain Business Confidence

Spain’s industrial climate indicator dropped to a five month-low of -4.1 in January of 2019 from a downwardly revised -2.8 in the previous month as new orders fell further (-4.7 from -1.1 in December) and stocks of finished products decreased (11.6 from 12.5). Meanwhile, output expectations were lowered but remained at positive levels (3.9 from 5.3). Business Confidence in Spain averaged -10.55 Index Points from 1980 until 2019, 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 -10.20 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 -8.00 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around -6.00 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
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
2019-01-08	11:45 AM	Business Confidence	-2.7	0.0	0.5
2019-01-30	11:15 AM	Business Confidence	-4.1	-2.8	-3.6
2019-02-27	11:15 AM	Business Confidence		-4.1	-6.7
2019-03-27	11:15 AM	Business Confidence			-10.2
2019-04-26	10:15 AM	Business Confidence

Spain Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	-4.10	-2.80	8.50	-39.00	Index Points	[+]
Services PMI	54.70	54.00	60.30	36.80	Index Points	[+]
Manufacturing PMI	52.40	51.10	56.10	41.10		[+]
Industrial Production	-6.20	-3.20	13.60	-21.70	percent	[+]
Industrial Production Mom	-1.40	-1.80	9.30	-12.00	percent	[+]
Manufacturing Production	-3.20	-1.90	13.70	-22.70	percent	[+]
Capacity Utilization	80.59	78.50	90.00	68.86	percent	[+]
Changes in Inventories	2096.00	2177.00	2230.00	-3402.00	EUR Million	[+]
Bankruptcies	1489.00	1079.00	2854.00	11.00	Companies	[+]
Total Vehicle Sales	93546.00	98587.00	177375.00	23090.00		[+]
Car Production	1126.00	2063.00	2504.00	139.00	Hundred Units	[+]
Car Registrations	113838.00	107089.00	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	-14.30	-22.40	21.00	-44.90	percent	[+]
Steel Production	1085.00	1302.00	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	22985.00	23662.00	27405.00	20466.00	Gigawatt-hour	[+]
Corruption Index	58.00	57.00	71.00	43.10	Points	[+]
Corruption Rank	41.00	42.00	42.00	20.00		[+]
Factory Orders	22.30	6.70	22.30	-33.50	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 February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-4.10	-2.80	8.50	-39.00	1980 - 2019	Index Points	Monthly	SA

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Country	Last		Previous	Range
Australia	4.00	Jan/19	3	21 : -30	Index Points
Brazil	64.70	Jan/19	63.8	68.5 : 35	Index Points
Canada	54.70	Jan/19	59.7	75 : 36.1	Index Points
China	49.50	Jan/19	49.4	59.2 : 38.8	Index Points
Euro Area	0.69	Jan/19	0.86	1.62 : -3.29	Index Points
France	103.00	Jan/19	103	124 : 66	Index Points
Germany	99.10	Jan/19	101	110 : 80.2	Index Points
India	116.20	Mar/19	115	128 : 96.4	Index Points
Indonesia	104.71	Dec/18	108	122 : 95.12	Index Points
Italy	102.10	Jan/19	103	122 : 71.5	Index Points
Japan	19.00	Dec/18	19	53 : -58	Index Points
Mexico	50.80	Jan/19	49.2	58.1 : 33.7	Index Points
Netherlands	5.80	Jan/19	7.5	10.9 : -23.5	Index Points
Russia	-2.00	Jan/19	-8	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-14.00	Dec/18	-1	54 : -57	Index Points
South Africa	31.00	Dec/18	34	91 : 10.2	Index Points
South Korea	67.00	Jan/19	71	119 : 35	Index Points
Spain	-4.10	Jan/19	-2.8	8.5 : -39	Index Points
Switzerland	95.00	Jan/19	96.4	119 : 70.7	Index Points
Turkey	93.00	Jan/19	91.5	123 : 52.6	Index Points
United Kingdom	-23.00	Mar/19	-16	55 : -75	Index Points
United States	56.60	Jan/19	54.3	77.5 : 29.4	Index Points