España - Confianza Empresarial

Spain's industry confidence indicator rose to -3.5 in November 2019 from a revised -9.0 in the previous month, boosted by an improvement in new order levels (-2.3 vs -13.6 in October), output expectations (-3.2 vs -5.0), and stocks of finished products (4.9 vs 8.3).

Spain's industry confidence indicator slumped to -8.9 in October 2019 from a revised -5.5 in the previous month. That was the lowest reading since April 2014 ahead of the November general election, led by sharp declines in new orders (-13.6 vs -7.1 in September) and output expectations (-4.8 vs 1.8). In addition, stocks of finished products continued to increase sharply (8.3 vs 11.1).

Spain's industrial confidence indicator slumped to -5.3 in September 2019 from a revised 1.3 in the previous month. That was the lowest reading since January 2015, ahead of the country's fourth general election in four years in November. New orders tumbled (-7.1 vs -0.2 in August) and output expectations deteriorated (2.4 vs 6.0) while stocks of finished products increased sharply (11.1 vs 1.9).

Spain's industrial confidence indicator rose to 1.4 in August 2019 from -2.8 in the previous month. That was the highest reading since April 2018, boosted by an improvement in output expectations (6.2 vs 4.3 in July) and level of new orders (-0.2 vs -6.3). In addition, stocks of finished products decreased sharply (1.9 vs 6.2).

Spain's industrial confidence indicator rose to -2.8 in July 2019 from -3.7 in the previous month, due to a sharp decrease in stocks of finished products (6.2 vs 15.0 in June). Meanwhile, output expectations deteriorated (4.1 vs 5.0), as well as the current assessment of new orders level (-6.3 vs -1.0).

Spain's industrial confidence indicator dropped to -3.7 in June 2019 from -3.3 in the previous month, due to a sharp increase in stocks of finished products (15.0 vs 9.5 in May). Meanwhile, output expectations improved slighly (5.0 vs 4.8) and the current assessment of new orders level was less negative (-1.0 vs -5.1).