Spain's industrial confidence indicator declined to -6.4 in February of 2021 from an 11-month high of -3.8 in January. There was an deterioration in the level of new orders (-13.9 vs -15.8 in December) and output expectations (-3.3 vs 5.6) while the stock of finished products increased (2.1 vs 1.1). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain averaged -10.44 points from 1980 until 2021, reaching an all time high of 8.60 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 February of 2021.
Business Confidence in Spain is expected to be -0.20 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 -10.00 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around -10.00 points in 2022 and -6.00 points in 2023, according to our econometric models.