Spain Business Sentiment at Near 1-1/2-Year High

2026-01-29 12:18 By Luisa Carvalho 1 min. read

Spain’s seasonally adjusted industry confidence indicator edged up to -3 in January 2026, the highest reading since September 2024, from -3.4 in the previous month, but still in pessimistic territory.

Firms reported an improvement in order books (-7.3 vs -8.8 in December), while the growth in stock levels eased (3.1 vs 5.2).

Looking forward, expectations on futures production levels weakened for the third consecutive month (1.4 vs 3.7).



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