Spain: Economic sentiment rises in November
Latest reading: Economic sentiment increased to 102.1 in November from October’s 100.0. 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 stronger sentiment in the industrial sector. That said, confidence in the construction sector deteriorated.
Considering indicators that are not used to calculate the index, employment expectations worsened, while the economic uncertainty index fell in October.