La sagrada familia in Spain

Spain Economic Sentiment June 2024

Spain: Economic sentiment improves in June

Economic sentiment rose to 102.4 in June from May’s 101.3. As a result, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.

The headline print reflected healthier sentiment in the industrial, services and retail sectors. Moreover, consumer confidence rose in June. That said, sentiment in the construction sector weakened.

Regarding indicators that are not used to calculate the index, employment expectations deteriorated, while the economic uncertainty index decreased in June.

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