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Business Confidence Indicators. ICE. First Quarter 2023

The Harmonised Business Confidence Index (HBCI) increases 1.4% in the first quarter of 2023 as compared with the fourth quarter of 2022. 15.1% of business establishments foresee a favourable quarter and 24.9% are pessimistic about the performance of their business.

Business Confidence Indicators - Quarter 1/2023
Indicator Note Value Quarterly variation
Harmonised Business Confidence Index. 129.0 1.4
Latest data
Quarter 1/2023 Published: 19/01/2023
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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.