Business confidence in Spain has registered a slight increase 0.1% in the second quarter of 2025 compared to the previous quarter, according to the latest data published by the National Institute of Statistics (INE). This slight improvement is mainly driven by the transport and hospitality, which register the greatest increase with a 1.6%, while the sector other services is the only one that experiences a decline, with a -1.1%bility
If the evolution is analyzed by company size, the section with less than 10 employees is the one that reflects the greatest growth in trust (0.7%), in contrast to large companies 1,000 or more employees, which show the greatest decline (-1.4%).
Expectations for the second quarter
The outlook for the coming quarter is moderately optimistic. A 22.8% of business managers foresees an evolution favorable in the activity of your business, in the face of a 11.6% who expects an unfavorable situation. Regarding employment, a 12.9% estimates that the workforce will increase during this period, while the 7.8% think it will decrease.
Regarding the evolution of prices, a 15.6% of respondents expect a rise, while only the 4.3% anticipates a decline.
Valuation of the previous quarter
Looking to the first quarter of 2025, a 20.3% of managers positively assessed the progress of his business, while the 15.8% had a negative opinion. These data reflect a slight improvement in the general perception of the business community, although there is still caution.
Results by autonomous communities
The evolution of business confidence varies depending on the autonomous community. In ten regions confidence increases, while in seven remaining a decline occurs. The most notable increases occurred in La Rioja (3.7%), Balearic Islands (3.0%) and Valencian Community (2.6%). On the contrary, the greatest decreases were recorded in the Region of Murcia (-2.7%), as well as in Galicia and the Community of Madrid (both with a -2.0%).
Fountain: INE
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