The industry confidence indicator in Spain fell to -6 in February of 2023 from a revised -4.2 in January, remaining in negative territory for the eighth consecutive month as a consequence of the tensions arising from the war between Russia and Ukraine and the escalation of prices. Output expectations decreased (4.1 vs 7.8 in January) and stocks of finished products increased sharply (12.9 vs 7.1) while new orders declined at a slower pace (-9.2 vs -13.4). source: Ministerio de Industria, Energia Y Turismo
Business Confidence in Spain averaged -9.96 points from 1980 until 2023, reaching an all time high of 9.50 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 March of 2023.
Business Confidence in Spain is expected to be 1.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.