Wednesday, August 3, 2016

Consumer confidence in Spain back down – Sputnik World

Spain

short URL

“This further decline in the Index Consumer Confidence (ICC) is produced by the notable decline in expectations,” said the CIS in a statement.

expectations fell in July 5th 4 points from the previous month, from 105.1 to 99.7.

This decrease does not become neutralized by the smallest advance of the assessment of the current situation, which improved 2.6 points, from a total value of 87.4 points to 90.

Indicator values ​​Consumer Confidence (ICC) vary between 0 and 200. If the figure is above 100 the perception is positive and below It is considered negative.

The ICC has since December 2015 without rise above 100 points.

The data released by the CIS show a return to the downward trend in consumer confidence, which in June experienced a slight upturn was preceded by five months of fall.

in relation to July 2015, the ICC continues to reflect a negative trend with a decline of 10.8 points in one year.

The losses are greater than the previous year in terms of expectations, falling by 15 points.

The assessment of the current situation also suffers a decline in the last year, albeit more moderate, leaving 6.4 points

in percentage terms, the profile of the developments in the last twelve months is very similar. the ICC low 11.4% in one year as a result of a decline of 7.2% in the assessment of the current situation and a loss of 15.1% in expectations.

LikeTweet

No comments:

Post a Comment