Summary
In December the economic climate indicator extended the downward movement of the previous six months, attaining a new minimum value for the series started in 1989. Similarly to what had happened in the previous two months, all the sectors’ confidence indicators registered negative evolutions in December, more intensely in Manufacturing Industry.
The Consumer confidence indicator strongly diminished in December, intensifying the movement observed since October mainly reflecting the more negative perspectives on unemployment and on the country’s economic situation.