Monday, October 3, 2016

The confidence of Spanish consumers to return to the path of the kick – Sputnik World

“This remarkable retreat of the ICC occurs both by a worse assessment of the current situation as by the decline in expectations,” says the report of the CIS.

With this setback, the indicator stood at 91 points in front of the 97,3 that were recorded a month before, standing at its worst level since may.

The values of the ICC range between 0 and 200; if the figure is above 100, the perception is positive and below is considered negative.

The decline in consumer confidence in September contrasts with the increase of 2.5 points was recorded in August.

Read more: consumer confidence in Spain reached a new maximum

indicator current situation also fell to 6.3 points in relation to the previous month, up to 83,8 points.

For its part, the indicator of expectations experienced a setback similar to that of the other two indicators, down by 6.3 points to reach in to 98.1 points.

Of the components that are used to calculate the expectations is particularly striking decline in the perception of the same in matters pertaining to the labour market, which decreased 7.6 points.

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