Instituto Nacional de Estadística

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Business Confidence Indicators. ICE. Fourth Quarter 2020

The Harmonized Index of Business Confidence (ICEA) rises by 10.5% in the fourth quarter of 2020 compared to the third quarter. 8.1% of business establishments forecast a quarter favorable and 49.4% are pessimistic about the progress of their business.

Business Confidence Indicators - Quarter 4/2020
Indicator Note Value Quarterly variation
Harmonised Business Confidence Index. 105.5 10.5
Latest data
Quarter 4/2020 Published: 13/10/2020
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The Business confidence indicators have been elaborated on a quarterly basis since 2012 with the aim to know, at a given time, the perception of establishment¿s administrators about their business situation and expectations. The survey collects opinions from establishment managers regarding the performance of their business in the last quarter and regarding their expectations for the next quarter.