Spain's Consumer Sentiment Remains Stable

Spain's consumer confidence held steady at 77.7 in May 2026, unchanged from the previous month after rebounding from a nearly 3.5-year low of 66.9 in March amid uncertainty over geopolitical tensions tied to the Middle East conflict and concerns over its impact. Households' assessment of the current economic situation edged up 0.1 point to 72.1, while expectations for the future remained stable at 83.4.

Spain’s consumer confidence surged to 77.7 in April 2026, recovering from a near 3.5-year low of 66.9 in March, as economic uncertainty linked to the Middle East conflict and its potential impact began to ease. Household expectations jumped 15 points to 83.4, signaling reduced pessimism about the near-term economic outlook. The assessment of the current economic situation also improved, with the sub-index rising 6.5 points to 72.0.

Spain’s consumer confidence plunged to 66.9 in March 2026 from 83.9 in the prior month and marking the lowest level since November 2022, amid heightened economic uncertainty tied to the Middle East conflict and concerns over its impact. Household expectations plummeted 21.8 points to 68.4, reflecting growing pessimism about the near-term economic outlook. The assessment of the current economic situation also worsened, with the sub-index falling 12.1 points to 65.5.