According to the results of the “Business and Consumer Surveys” by the National Statistics Institute (INE), the consumer confidence indicator decreased in March and April, after having increased in the previous two months, reaching the lowest value since March last year.
All components of the indicator contributed negatively to the evolution observed in April, with emphasis on opinions about the past evolution of the household's financial situation.
The economic climate indicator, based on surveys of companies, increased slightly, interrupting the downward movement of the last three months.
In the manufacturing industry, there was an increase in the confidence indicator, which stabilized in trade and decreased in construction and public works and services.