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Business Confidence Indicators. Q2 2019

The Harmonized Business Confidence Index (HBCI) for Catalonia decreased by 0.2% in the second quarter of 2019 with respect to the first quarter, while it grew by 0.3% throughout Spain.

The fall in the index in relation to the previous quarter can be explained by the decrease of business confidence in trade (−3.5%) and in construction (−1.7%). In contrast, there were rises in confidence in the industry (2.7%) and in the hostelry and transport sectors (0.2%), while it remained stable in the rest of services (0.0%).