The Spanish business confidence index increased to -2.3 in March 2019 from a downwardly revised -4.7 in February. It was the highest reading in industrial morale since November of 2018, as expectations for production rose significantly (5.4 from -2.1 in February) and new orders improved (-6.1 from -6.7), in particular export orders (-6.6 from -8.2). On the other hand, an increase was seen in stocks of finished goods (6.2 from 5.4) and the current level of output decreased (-3.0 from -0.3) while employment expectations fell slightly (2.5 from 2.6). Business Confidence in Spain averaged -10.52 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 -6.20 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.

Spain Business Confidence
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Calendar GMT Actual Previous Consensus TEForecast
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 -4.9 -4.3 -6.7
2019-03-28 02:00 PM Business Confidence -2.3 -4.7 -6.2
2019-04-29 10:15 AM Business Confidence -2.3
2019-05-28 10:15 AM Business Confidence
2019-06-27 10:15 AM Business Confidence -12.8


Spain Business Last Previous Highest Lowest Unit
Business Confidence -2.30 -4.70 8.50 -39.00 Index Points [+]
Services PMI 56.80 54.50 60.30 36.80 Index Points [+]
Manufacturing PMI 50.90 49.90 56.10 41.10 [+]
Industrial Production -0.30 2.70 13.60 -21.70 percent [+]
Industrial Production Mom -1.10 3.60 9.30 -12.00 percent [+]
Manufacturing Production 1.20 0.80 13.70 -22.90 percent [+]
Capacity Utilization 80.59 78.50 90.00 68.86 percent [+]
Changes in Inventories 2289.00 2175.00 2289.00 -3402.00 EUR Million [+]
Bankruptcies 1489.00 1079.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 122664.00 100701.00 177375.00 23090.00 [+]
Car Production 1982.00 1823.00 2504.00 139.00 Hundred Units [+]
Car Registrations 112881.00 108050.00 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 -13.70 -7.00 21.00 -44.90 percent [+]
Steel Production 1135.00 1180.00 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 21836.00 26087.00 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 -0.70 -2.60 25.40 -33.70 percent [+]


Spain Business Confidence

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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2.30 -4.70 8.50 -39.00 1980 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 0.00 Mar/19
Brazil 61.90 Mar/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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