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Harmonised Business Confidence Index (HBCI)

Harmonised Business Confidence Index (HBCI) Catalonia. 2nd quarter 2020
Index Quarterly variation % Year-over-year variation %
Total 93.9 -30.2 -31.5
By activity sectors
Industry 91.4 -25.6 -28.2
Construction 100.0 -37.1 -35.9
Trade 103.3 -26.3 -27.3
Accommodation and food service activities and transport 93.8 -37.1 -38.7
Other services 90.2 -31.3 -32.4
By size of the business
Less than 10 wage-earners 95.1 -30.7 -32.5
From 10 to 49 wage earners 96.0 -31.3 -33.0
From 50 to 199 wage earners 93.7 -30.6 -31.4
From 200 to 999 wage-earners 91.3 -26.0 -27.0
1000 or more wage-earners 87.1 -33.0 -33.0
By chamber
Chamber of Barcelona 91.4 -31.7 -32.7
Rest of chambers of Barcelona 90.8 -28.8 -30.2
Chambers of Girona 95.9 -30.9 -32.5
Chambers of Lleida 105.3 -28.2 -29.8
Chambers of Tarragona 97.8 -29.1 -30.0
Units: Base 2013 I quarter = 100.
Source: Idescat and INE.
Note: The entry into force of Royal Decree 463/2020, of 14 March, whereby a state of alarm is declared for the management of the health crisis situation caused by Covid-19, and the subsequent amendments which have restricted non-essential activities, may hamper the comparison of data from the second quarter of 2020 with the rest of the periods.
Harmonised Business Confidence Index (HBCI) Spain. 2nd quarter 2020
Index Quarterly variation % Year-over-year variation %
Total 95.5 -26.9 -28.1
By activity sectors
Industry 94.7 -23.3 -24.7
Construction 101.1 -29.3 -31.1
Trade 98.0 -25.4 -27.0
Accommodation and food service activities and transport 91.5 -32.4 -34.1
Other services 93.8 -27.0 -27.8
By size of the business
Less than 10 wage-earners 94.0 -28.7 -31.1
From 10 to 49 wage earners 95.9 -28.1 -29.5
From 50 to 199 wage earners 95.6 -25.1 -26.0
From 200 to 999 wage-earners 90.8 -26.7 -26.5
1000 or more wage-earners 94.5 -22.0 -22.3
Units: Base 2013 I quarter = 100.
Source: INE.
Note: The entry into force of Royal Decree 463/2020, of 14 March, whereby a state of alarm is declared for the management of the health crisis situation caused by Covid-19, and the subsequent amendments which have restricted non-essential activities, may hamper the comparison of data from the second quarter of 2020 with the rest of the periods.

Last update: April 16, 2020. 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.