Business Confidence in Spain decreased to -8.10 points in October from -0.70 points in September of 2024. Business Confidence in Spain averaged -9.81 points from 1980 until 2024, reaching an all time high of 9.50 points in February of 2022 and a record low of -38.30 points in March of 2009. source: Ministerio de Industria, Energia Y Turismo

Business Confidence in Spain is expected to be -7.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-09-27 11:00 AM
Business Confidence
Sep -0.7 -3.5 -3
2024-10-30 12:00 PM
Business Confidence
Oct -8.1 -1.3 -0.5
2024-11-28 12:00 PM
Business Confidence
Nov -8.1 -8.5


Related Last Previous Unit Reference
Bankruptcies 1391.00 1361.00 Companies Sep 2024
Business Confidence -8.10 -1.30 points Oct 2024
Capacity Utilization 77.50 77.90 percent Dec 2024
Car Production 1829.10 1643.10 Hundred Units Oct 2024
Car Registrations 83472.00 73144.00 Units Oct 2024
Cement Production 1364.00 1541.00 Thousands of Tonnes Aug 2024
Changes in Inventories 2897.00 3729.00 EUR Million Jun 2024
Composite Leading Indicator 99.83 99.70 points Oct 2024
Corruption Index 60.00 60.00 Points Dec 2023
Corruption Rank 36.00 35.00 Dec 2023
Electricity Price 119.52 0.44 EUR/MWh Nov 2024
Electricity Production 21588.44 23345.76 Gigawatt-hour Sep 2024
Industrial Production YoY 0.60 -0.10 percent Sep 2024
Industrial Production Mom 0.50 -0.10 percent Sep 2024
Manufacturing Production 0.40 -0.50 percent Sep 2024
Mining Production -1.00 -4.70 percent Sep 2024
Natural Gas Stocks Capacity 35.83 35.83 TWh Nov 2024
Natural Gas Stocks Injection 0.00 0.00 GWh/d Nov 2024
Natural Gas Stocks Inventory 34.32 34.40 TWh Nov 2024
Natural Gas Stocks Withdrawal 77.40 99.50 GWh/d Nov 2024
New Orders -13.00 -11.00 points Sep 2024
New Passenger Car Registrations YoY 7.20 6.30 percent Oct 2024
New Car Sales YoY 59479.00 52322.00 Units Sep 2024

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).
Actual Previous Highest Lowest Dates Unit Frequency
-8.10 -1.30 9.50 -38.30 1980 - 2024 points Monthly
SA


News Stream
Spain Industrial Confidence Improves to 27-Month High
The seasonally adjusted industry confidence indicator in Spain rose by 2.8 points from the previous month to -0.7 in September 2024, marking the highest level since negative readings began in June 2022. This improvement was driven by a strong improvement in output expectations (11.2 vs 4.8 in August), as well as a decline in stocks of finished products (2.1 vs 5.6). On the other hand, the inflow of new orders fell at a higher rate (-11.4 vs -9.7).
2024-09-27
Spain Business Sentiment Improves Further in August
The seasonally adjusted industry confidence indicator in Spain rose by 0.6 points from the previous month to -3.6 in August 2024, reaching a new 16-month high despite marking over two consecutive years of negative readings. This improvement was driven by a strong improvement in output expectations (4.3 vs 1.6 in July). On the other hand, the inflow of new orders fell at a higher rate (-9.5 vs -8.6), while the stocks of finished products increased slightly (5.6 vs 5.5).
2024-08-29
Spain Industrial Confidence Improves to 15-Month High
The seasonally adjusted industry confidence indicator in Spain rose by 1.5 points from the previous month to -4.2 in July 2024, reaching a new 15-month high despite marking two consecutive years of negative readings. This improvement was driven by a strong decline in stocks of finished products (5.5 vs 11.6 in June). On the other hand, output expectations eased (1.5 vs 2), while the inflow of new orders fell at a stronger pace (-8.5 vs -7.4).
2024-07-30