Spain's industrial confidence indicator decreased to 1.2 in August of 2021 from an upwardly revised 2 in the previous month, as Covid-19 infections remain high due to the delta variant despite the good rate of full vaccination (67.3% of the total population). An increase in the stocks of finished products (4.7 vs -1.8 in July) offset an improvement in output expectations (8.4 vs 6.9). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain averaged -10.32 points from 1980 until 2021, reaching an all time high of 8.50 points in September of 1997 and a record low of -38.80 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 September of 2021.
Business Confidence in Spain is expected to be 8.90 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 5.00 points in 2022 and 1.00 points in 2023, according to our econometric models.