Spain's consumer confidence index increased to 96.1 in February 2019 from 93.8 in the previous month. It was the strongest reading since August 2018, amid an improvement about country's future expectations (105.5 vs 99.8 in January) while households’ opinion about current conditions (86.8 vs 87.7) was less favourable. Consumer Confidence in Spain averaged 80.71 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 90.00 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 92.50 in 12 months time. In the long-term, the Spain Consumer Confidence is projected to trend around 99.00 Index Points in 2020, according to our econometric models.