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Consumer confidence indicator declines again and economic climate indicator increases
Business and consumer surveys
Consumer confidence indicator declines again and economic climate indicator increases - November 2023
29 November 2023

Summary

The Consumer confidence indicator decreased between August and November, after reaching in July the maximum value since February 2022. The balance of Consumer opinions on the past evolution of prices declined in November, after the significant increase recorded in October had suspended the downward path observed in the previous five months.

The economic climate indicator increased in November, after declining between July and October, slightly in the last month. Confidence indicators increased in the Manufacturing Industry, in Trade and in Services, having decreased slightly in Construction and Public Works.

The entrepreneurs’ expectations regarding the future evolution of selling prices decreased in the last two months in the Manufacturing Industry, in Trade and in Construction and Public Works, while in Services registered an increase, reversing the decline of the previous month.


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