Spain’s industrial climate indicator dropped to -4.9 in February of 2019 from a downwardly revised -4.3 in the previous month. It was the lowest reading in industrial morale since January of 2015, as new orders fell further (-6.7 from -4.7 in January) and stocks of finished products decreased sharply (5.4 from 11.6). In addition, output expectations fell to -2.5 from 3.3 in January. Business Confidence in Spain averaged -10.53 Index Points from 1980 until 2019, 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 -10.20 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 -8.00 in 12 months time. In the long-term, the Spain Business Confidence is projected to trend around -6.00 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
2018-11-29 10:55 AM Business Confidence -0.2 -1.9 -3
2019-01-08 11:45 AM Business Confidence -2.7 0.0 0.5
2019-01-30 11:15 AM Business Confidence -4.1 -2.8 -3.6
2019-02-27 11:15 AM Business Confidence -4.9 -4.3 -6.7
2019-03-27 11:15 AM Business Confidence -4.9 -10.2
2019-04-26 10:15 AM Business Confidence
2019-05-30 10:15 AM Business Confidence


Spain Business Last Previous Highest Lowest Unit
Business Confidence -4.90 -4.30 8.50 -39.00 Index Points [+]
Services PMI 54.50 54.70 60.30 36.80 Index Points [+]
Manufacturing PMI 49.90 52.40 56.10 41.10 [+]
Industrial Production 2.40 -5.90 13.60 -21.70 percent [+]
Industrial Production Mom 3.40 -1.20 9.30 -12.00 percent [+]
Manufacturing Production 0.70 -2.60 13.70 -22.90 percent [+]
Capacity Utilization 80.59 78.50 90.00 68.86 percent [+]
Changes in Inventories 2096.00 2177.00 2230.00 -3402.00 EUR Million [+]
Bankruptcies 1489.00 1079.00 2854.00 11.00 Companies [+]
Total Vehicle Sales 100701.00 93546.00 177375.00 23090.00 [+]
Car Production 1823.00 1126.00 2504.00 139.00 Hundred Units [+]
Car Registrations 114064.00 113838.00 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 -6.00 -14.90 21.10 -44.90 percent [+]
Steel Production 1180.00 1085.00 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 26087.00 22985.00 27405.00 20466.00 Gigawatt-hour [+]
Corruption Index 58.00 57.00 71.00 43.10 Points [+]
Corruption Rank 41.00 42.00 42.00 20.00 [+]
Factory Orders -1.70 22.10 22.10 -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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-4.90 -4.30 8.50 -39.00 1980 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 2.00 Feb/19
Brazil 64.50 Feb/19
Canada 50.60 Feb/19
China 49.20 Feb/19
Euro Area 0.69 Feb/19
France 103.00 Feb/19
Germany 98.50 Feb/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 101.70 Feb/19
Japan 19.00 Dec/18
Mexico 51.30 Feb/19
Netherlands 6.30 Feb/19
Russia -2.00 Feb/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 69.00 Feb/19
Spain -4.90 Feb/19
Switzerland 92.40 Feb/19
Turkey 97.20 Feb/19
United Kingdom -23.00 Mar/19
United States 54.20 Feb/19


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