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Consumer Confidence

A survey passed onto consumers having them rate and ask their opinion regarding the future of economic conditions for the next 6 months. This indicator is measured by the Instituto de Crédito Oficial. A leading indicator reflecting on consumer spending that could drive the future of the economy if the statistic is at optimistic values.

 Spanish consumer confidence

Spanish consumer confidence remained almost the same at 105.8 compared to the previous month’s value of 105.4. Consumer Confidence in Spainpeaked at an all-time high point of107.40 in December of 2015and hit rock-bottom at37.60 in July of 2012.