The industry confidence indicator in Spain rose to -4.3 in January of 2023 from -5.1 in the December of 2022, advancing for a second month after hitting a near two-year-low of -7.6 in November. Sentiment improved for expectations on production (7.9 vs 4.4 in December), offsetting the decrease in new order levels (-13.7 vs -8.9) despite the sharp improvement in foreign new orders (0.8 vs -21), while stock levels deteriorated (7.1 vs 10.7). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain averaged -9.97 points from 1980 until 2023, reaching an all time high of 9.60 points in February of 2022 and a record low of -38.20 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 February of 2023.
Business Confidence in Spain is expected to be -2.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.