INE publishes the Business Confidence Indicators (ICE)

INE publica los Indicadores de Confianza Empresarial (ICE)
Fourth quarter 2024

Business Confidence decreased 1.2% in the fourth quarter compared to the third.
The five sectors analyzed decrease confidence compared to the previous quarter. Industry (-3.0%) presents the greatest decrease. For its part, Commerce (-0.4%) registered the smallest decrease.

By segment of employees, the five ranges analyzed decrease confidence compared to the previous quarter. 1,000 or more employees (-1.5%) presents the greatest decrease. For its part, Less than 10 employees (-1.1%) registered the smallest decrease.

Opinions regarding the quarter that begins (Expectations)

21.6% of business establishment managers consider that the progress of their business will be favorable in the fourth quarter, while 14.8% believe that it will be unfavorable.
11.3% of business establishment managers consider that employment will increase in the fourth quarter, while 12.2% believe that it will decrease.

Regarding the evolution of the price level, 11.1% predict that it will increase in the fourth quarter, while 5.7% estimate that it will decrease.

Results by autonomous communities
Business confidence decreases in the fourth quarter of 2024 compared to the previous quarter in 13 autonomous communities and increases in four.

The greatest decreases occurred in the Balearic Islands (-4.8%), the Basque Country (-4.0%) and Cantabria (-3.8%).

The largest increases occurred in the Canary Islands (2.4%), Galicia (1.7%) and the Region of Murcia (0.7%).

More information at INE

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