The Spanish business confidence index increased to -2.5 in October 2018 from a downwardly revised -3.6 in September, as expectations for production rose significantly (7.1 from 2.5 in September). On the other hand, decreases were seen in current level of output (2.8 from 2.9); new orders (-7.5 from -2.7), in particular export orders (-6.3 from -3.5); employment (-0.9 from 1.7) and stocks of finished goods (7.1 from 10.8). Business Confidence in Spain averaged -10.59 Index Points from 1980 until 2018, reaching an all time high of 8.50 Index Points in September of 1997 and a record low of -39 Index Points in March of 2009.

Business Confidence in Spain is expected to be 0.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Spain to stand at 0.40 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around -4.00 Index Points in 2020, according to our econometric models.

Spain Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-30 10:15 AM Business Confidence -4.3 -2.1 0.5
2018-09-27 10:40 AM Business Confidence -3.7 -4.8 -2.6
2018-10-30 03:30 PM Business Confidence -2.5 -3.6 -2
2018-11-29 11:15 AM Business Confidence -2.5 0.1


Spain Business Last Previous Highest Lowest Unit
Business Confidence -2.50 -3.60 8.50 -39.00 Index Points [+]
Services PMI 54.00 52.50 60.30 36.80 Index Points [+]
Manufacturing PMI 51.80 51.40 56.10 41.10 [+]
Industrial Production -0.10 1.00 13.60 -21.70 percent [+]
Industrial Production Mom -0.70 0.60 9.30 -12.00 percent [+]
Manufacturing Production -0.20 0.90 13.70 -22.70 percent [+]
Capacity Utilization 78.50 79.50 90.00 68.86 percent [+]
Changes in Inventories 2255.00 1862.00 2255.00 -3402.00 EUR Million [+]
Bankruptcies 1079.00 1610.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 88410.00 69129.00 177375.00 23090.00 [+]
Car Production 1532.00 803.00 2504.00 139.00 Hundred Units [+]
Car Registrations 103592.00 106170.00 153732.00 3103.00 [+]
Internet Speed 15487.07 15362.73 15487.07 2354.24 KBps [+]
IP Addresses 14575619.00 13803828.00 14855454.00 7640009.00 IP [+]
Mining Production -13.60 -11.40 20.60 -44.90 percent [+]
Steel Production 1267.00 1205.00 1980.00 555.00 Thousand Tonnes [+]
Competitiveness Index 74.20 73.75 74.20 4.49 Points [+]
Competitiveness Rank 26.00 25.00 42.00 25.00 [+]
Ease of Doing Business 30.00 28.00 62.00 28.00 [+]
Electricity Production 22286.00 23857.00 27405.00 20466.00 Gigawatt-hour [+]
Corruption Index 57.00 58.00 71.00 43.10 Points [+]
Corruption Rank 42.00 41.00 42.00 20.00 [+]
Factory Orders 7.50 2.80 13.20 -33.60 percent [+]


Spain Business Confidence

In Spain, the Industrial Confidence Indicator (ICI) measures the level of optimism of entrepreneurs for the future development of industrial activity. The ICI is conducted based on the sample of 2500 enterprises representing different sizes, regions and sectors of Spanish economy. The response rate is around 60 percent. ICI is measured on a scale of -100 (extreme lack of confidence) to +100 (extreme confidence). 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 - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.50 -3.60 8.50 -39.00 1980 - 2018 Index Points Monthly
SA




Country Last
Australia 4.00 Oct/18
Brazil 53.70 Oct/18
Canada 61.80 Oct/18
China 50.20 Oct/18
Euro Area 1.01 Oct/18
France 104.00 Oct/18
Germany 102.80 Oct/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.90 Oct/18
Japan 19.00 Sep/18
Mexico 50.70 Oct/18
Netherlands 5.90 Oct/18
Russia -5.00 Oct/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 38.00 Sep/18
South Korea 71.00 Oct/18
Spain -2.50 Oct/18
Switzerland 100.10 Oct/18
Turkey 87.60 Oct/18
United Kingdom -16.00 Dec/18
United States 57.70 Oct/18


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