Spain's industrial confidence indicator dropped to -1.1 in June 2021, from a downwardly revised 1.0 in the previous month. Still, sentiment remained close to May's near two-year high. Output expectations deteriorated sharply (0.9 vs 5.1 in May) and new orders fell (-0.8 vs 1.6), while stocks of finished products were little-changed (3.3 vs 3.6). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain averaged -10.37 points from 1980 until 2021, reaching an all time high of 8.50 points in September of 1997 and a record low of -38.80 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 July of 2021.
Business Confidence in Spain is expected to be 5.00 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 2.00 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around 5.00 points in 2022 and 1.00 points in 2023, according to our econometric models.