Spain economic confidence

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Spain’s economic confidence at pre-crisis levels

MADRID | The Corner | Economic confidence in Spain reached its highest level in December since June 2007 (105.6 points from 104.2 the previous month), according to the European Commission. The figures show an improvement in trust from consumers, the services sector and retailers.

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Spanish economic confidence on the rise

MADRID | The Corner | The indicator of economic confidence of Spain stood at 104.2 points, a sharp rise of nine tenths in November, and its highest level since August 2007, Brussels reported. The upturn in confidence in the Southern EZ economy is explained by the observed improvement in the manufacturing sector, services and retail, while consumer confidence and construction deteriorated compared to October.