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Harmonised Business Confidence Index (HBCI). By activity sectors

Harmonised Business Confidence Index (HBCI). By activity sectors Catalonia. 2nd quarter 2026
Index Quarterly variation % Year-over-year variation %
Total 134.5 -1.7 -1.6
Industry 123.2 -2.8 -3.7
Construction 153.3 -4.1 -1.6
Trade 140.1 -3.7 -1.5
Accommodation and food service activities and transport 148.1 -0.8 -4.5
Other services 132.0 0.0 0.3
Units: Base 2013 I quarter = 100.
Source: Idescat and INE.
Harmonised Business Confidence Index (HBCI). By activity sectors Spain. 2nd quarter 2026
Index Quarterly variation % Year-over-year variation %
Total 133.9 -2.3 -2.3
Industry 124.6 -2.7 -2.7
Construction 149.8 -2.8 -2.1
Trade 137.7 -1.6 -3.0
Accommodation and food service activities and transport 135.0 -3.7 -5.3
Other services 131.7 -1.7 -0.7
Units: Base 2013 I quarter = 100.
Source: INE.

Last update: April 14, 2026. Next update: July 14, 2026 Calendari

Methodological note

Business confidence indicators (BCI) are based on biased or qualitative circumstantialeconomic surveys on establishments. This type of survey at any given time captures the opinion held by entrepreneurson the current and future situation of the activity of their business.

The Harmonised Business Confidence Indesx (HBCI) is constructed on the basis of Business confidence (BC). The variable used in calculating the harmonized business confidence index (HBCI) is the evolution of the business of the establishment during the preceding quarter (status indicator) and for the following quarter (expectation indicator).

Said methodology is expanded in Business Confidence Indicators.