The consumer confidence index in Spain dropped 11 points from the previous month to 86.0 in August of 2019, the lowest since November of 2014 amid a deterioration in the assessment of households' current situation (83.1 vs 93.2 in July) and expectations regarding future outlook (88.9 vs 100.9). Consumer Confidence in Spain averaged 81.21 Index Points from 2004 until 2019, reaching an all time high of 108.80 Index Points in August of 2017 and a record low of 37.60 Index Points in July of 2012.
Consumer Confidence in Spain is expected to be 97.40 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Spain to stand at 96.50 in 12 months time. In the long-term, the Spain Consumer Confidence is projected to trend around 100.00 Index Points in 2020, according to our econometric models.