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Published on Monday, September 29, 2014 | Updated on Monday, September 29, 2014

Spain | Industrial and consumer confidence indicators in September 2014: reasonably optimistic

Although the September data is not positive, agents’ expectations throughout 3Q14 have been optimistic: consumer confidence moderated but both consumer and industrial confidence stayed above pre-crisis levels. Thus, the figures published today support the BBVA Research scenario: recovery continues, but slowed down a slightly in 3Q14.