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Harmonised Business Confidence Index (HBCI)

Harmonised Business Confidence Index (HBCI) Catalonia. 4th quarter 2019
Index Quarterly variation % Year-over-year variation %
Total 134.3 -2.9 -2.4
By activity sectors
Industry 122.1 -4.1 -4.8
Construction 152.9 -1.3 -2.0
Trade 140.6 -2.7 -3.3
Accommodation and food service activities and transport 153.0 -3.4 2.0
Other services 130.9 -2.5 -2.0
By size of the business
Less than 10 wage-earners 137.6 -2.3 -2.5
From 10 to 49 wage earners 140.4 -2.8 -2.4
From 50 to 199 wage earners 132.7 -5.6 -2.3
From 200 to 999 wage-earners 124.4 -2.5 -0.9
1000 or more wage-earners 127.8 2.5 -7.1
By chamber
Chamber of Barcelona 132.5 -2.6 -2.7
Rest of chambers of Barcelona 129.5 -1.2 -0.9
Chambers of Girona 137.6 -4.6 -4.3
Chambers of Lleida 149.9 -3.0 -0.9
Chambers of Tarragona 135.2 -4.2 -2.7
Units: Base 2013 I quarter = 100.
Source: Idescat and INE.
Harmonised Business Confidence Index (HBCI) Spain. 4th quarter 2019
Index Quarterly variation % Year-over-year variation %
Total 131.1 -2.9 -2.1
By activity sectors
Industry 123.5 -2.9 -3.0
Construction 142.3 -3.7 -2.7
Trade 134.3 -1.6 -1.1
Accommodation and food service activities and transport 139.1 -2.9 -0.3
Other services 127.4 -3.3 -2.7
By size of the business
Less than 10 wage-earners 134.4 -3.0 -2.0
From 10 to 49 wage earners 134.5 -3.4 -2.3
From 50 to 199 wage earners 127.4 -2.8 -2.7
From 200 to 999 wage-earners 121.6 -2.8 -2.5
1000 or more wage-earners 117.9 -1.0 -2.4
Units: Base 2013 I quarter = 100.
Source: INE.

Last update: October 11, 2019. Next update: July 11, 2024 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.