Spain’s industrial confidence indicator rebounded to 1.5 in May of 2022 from -0.6 in the previous month, as the Spanish economy continued to recover from supply shocks due to the war in Ukraine and the domestic truckers’ strike. Improvements in sentiment were mainly due to higher production expectations (6.5 vs 4.5 in April), while sentiment deteriorated for stock levels (14.6 vs 8.5) and new order levels (6.4 vs 8.5). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain averaged -10.06 points from 1980 until 2022, reaching an all time high of 10 points in February of 2022 and a record low of -38.30 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 June of 2022.
Business Confidence in Spain is expected to be 4.50 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 1.00 points in 2023, according to our econometric models.