Spain's industry confidence indicator fell to -3.8 in April 2019 from a downwardly revised -2.4 in the previous month, due to a deterioration in production expectations (-1.1 vs 5.1 in March) and stocks of finished products (8.3 vs 6.2). Meanwhile, the current assessment of new order levels were less negative (-2.1 vs -6.1). Business Confidence in Spain averaged -10.50 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 -3.80 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 -7.60 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
2019-01-30 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 -3.8 -2.4 -3.2
2019-05-28 10:15 AM Business Confidence -3.8 -4.6
2019-06-27 10:15 AM Business Confidence -3.8
2019-07-30 10:15 AM Business Confidence


Spain Business Last Previous Highest Lowest Unit
Business Confidence -3.80 -2.40 8.50 -39.00 Index Points [+]
Services PMI 53.10 56.80 60.30 36.80 Index Points [+]
Manufacturing PMI 51.80 50.90 56.10 41.10 [+]
Industrial Production -3.10 -0.20 13.60 -21.80 percent [+]
Industrial Production Mom -1.20 -1.00 9.30 -12.00 percent [+]
Manufacturing Production 0.60 1.50 13.70 -22.90 percent [+]
Capacity Utilization 80.50 80.59 90.00 68.86 percent [+]
Changes in Inventories 2132.00 2289.00 2289.00 -3402.00 EUR Million [+]
Bankruptcies 1648.00 1489.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 119417.00 122664.00 177375.00 23090.00 [+]
Car Production 2067.00 1982.00 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 -17.20 -13.70 21.00 -44.90 percent [+]
Steel Production 1371.00 1135.00 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 22160.00 21836.00 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 4.50 -0.80 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.80 -2.40 8.50 -39.00 1980 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 0.00 Apr/19
Brazil 56.50 May/19
Canada 55.90 Apr/19
China 50.10 Apr/19
Euro Area 0.42 Apr/19
France 101.00 Apr/19
Germany 99.20 Apr/19
India 113.50 Jun/19
Indonesia 102.10 Mar/19
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 53.00 Apr/19
Netherlands 6.70 Apr/19
Russia -2.00 Apr/19
Saudi Arabia 3.00 Jun/16
Singapore 1.00 Mar/19
South Africa 28.00 Mar/19
South Korea 75.00 Apr/19
Spain -3.80 Apr/19
Switzerland 96.20 Apr/19
Turkey 105.50 Apr/19
United Kingdom -13.00 Jun/19
United States 52.80 Apr/19


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