Spanish business confidence fell 1.8% in the fourth quarter
The INE’s Business Confidence Indicator, released on 20 October, fell 1.8% in the fourth quarter of 2026 from the previous quarter.
Event / data period: 2026-10
Published: · Updated:

A favourable quarter was expected by 20.5% of business establishments, while 14.8% anticipated an unfavourable course for their business. The indicator records managers’ expectations.
The result comes from an expectations survey; it does not measure realized changes in output or sales.
Data
Indicator
Business confidence change
| Q4 2026 vs previous quarter | -1.8 |
Methodology
Quarterly change published by INE; percentage change from the previous quarter.
Updated:
Subjects and places
Subject proposals
- Economic trends and indicatorsSuggested
- Subject suggested from the title or summary: business confidencewww.ine.es ↗
Geographic references
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- Spain · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.ine.es ↗