Spain: Economic sentiment rises in December
Latest reading: Economic sentiment increased to 102.9 in December from November’s 102.0. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
According to available data, the improvement was driven by healthier sentiment in the industrial sector. On the flip side, confidence in the construction sector weakened.
Considering indicators that are not used to calculate the index, employment expectations worsened, while the economic uncertainty index rose in December.