The index of consumer confidence produced by the National Credit Institute (ICO, Instituto de Credito Oficial) rose from 68.3 points in March to 73.2 points in April. In spite of the increase, the index sits 5.0 points below the level observed in the same month the previous year. In addition, consumer confidence - albeit improving - remains well below the 100-point threshold that separates optimism from pessimism, which suggests that private consumption will remain weak. The improvement in consumer sentiment was broad-based, as both the current situation and the expectations sub-indexes improved over the previous month. Rosier expectations across all three categories (general economic situation, households' situation and employment conditions) bode well for private consumption in the months to come.
Spain Consumer Confidence
Consumer confidence improves in April
May 5, 2011
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Spain Economic News
October 7, 2016
In August, industrial production expanded 4.0% from the same month last year in working-day adjusted terms.
October 5, 2016
The Markit Purchasing Managers’ Index (PMI) Composite Output Index came in at 54.1 in September, which was slightly below August’s 54.8 reading.
September 30, 2016
Spain’s current account balance incurred a surplus of EUR 3.0 billion in July, which was above the EUR 2.7 billion surplus recorded in the same month of last year and marked the highest reading since December 2014.
September 29, 2016
In August, retail sales rose 4.9% over the same month last year as the discount season drew to an end.
September 29, 2016
In July, the Spanish Board of Architects (Colegio de Arquitectos Técnicos) granted 6,267 new construction permits, according to data published by the Ministry of Public Works (Ministerio de Fomento).