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Opposing movements in the confidence indicators were observed in May. That of the consumers grew (1,3 pp) because of the improved expectatives about the economic situation and unemplopyment. That of the industries fell (2,0 pp) principally due to the less positive production expectatives. All in all, confidence remains abov…

Despite the agents' expectations are positive, some mixed signals are still observed, which cast doubts on its upward trend in the short term. Thus, while the consumer confidence improves again, production expectations decrease, explaining the further decline in industrial confidence

Although the agents' expectations are positive, the detailed results reveal some mixed signals that cast doubts on its upward path. Thus, while the improvement in consumer confidence is based on the expectations about the economic situation, pr…

Although expectations are still positive, the positive trend of both consumer and industrial confidenced was interrupted in 3Q15. Thus, data published today supports BBVA REsearch diagnosis, indicating that the pace of growth is slowing down du…

Economic agents remained optimistic at the beginning of the third quarter, but show mixed signs in the upward trend of expectations. Thus, data published today is consistent with the diagnosis of BBVA Research, indicating that growth is moderat…

Economic agents remained optimistic at the beginning of the third quarter, but show signs of exhaustion in the upward trend of expectations. Thus, data published today is consistent with the diagnosis of BBVA Research, indicating that growth is moderating in 3Q15

Agent's expectations remained positive at the end of 1S15. Although the consumer confidence slightly adjusted in June and that for infustry did not advance, both remained above their precrisis levels. The data published today is consistent with BBVA Research scenario, indicating the recovery continues.

Although agents' expectations evolved in opposite directions in May, the confidence levels of both consumers and industrial remain above their pre-crisis levels. Thus, data published today is consistent with the diagnosis of BBVA Research, indi…

Agents’ expectations continued to be positive at the beginning of 2Q15, with both industrial and consumer confidence remaining above their historical averages and showing a bullish trend. The data published today is thus consistent with the B…

Economic agents remained optimistic in the begin of 2015: both consumer and industrial confidence stayed above their pre-crisis average levels. Thus, data published today is consistent with the diagnosis of BBVA Research, indicating that the re…

Economic agents remained optimistic in the begin of 2015: both consumer and industrial confidence stayed above their pre-crisis average levels. Thus, data published today is consistent with the diagnosis of BBVA Research, indicating that the recovery of activity is gaining traction

Agents’ expectations at the beginning of 2015 were positive, with both industrial and consumer confidence remaining above their historical averages and showing a bullish trend. The data published today is thus consistent with the BBVA Research scenario, indicating that the recovery is gaining traction.