Business and consumer surveys
Business confidence recovers in all sectors except construction and public works; Consumer Confidence Indicator recovers
- October 2005
03 November 2005
Summary
The Business Climate Indicator recovered in October, after having stabilised in September, when it discontinued the downward shift seen in previous months.
The improvement in the confidence levels extended to Trade. Favourable developments in the indicators in manufacturing industry and services were more apparent than last month. construction and public works maintained the downward profile, reaching the lowest level of the current year, although less unfavourable than any observation in 2004.
The Consumer Confidence Indicator improved, discontinuing the deterioration seen in the four previous months.