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Spanish consumer confidence falls 1.2 points in August

Staff writer |
Spain's consumer confidence fell 1.2 points in August to 87.7 compared to a month earlier, indicating a negative perception of Spain's economic situation, according to the Sociological Research Centre (CIS).

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The consumer confidence indicator ranges between 0 and 200 points, with ratings over 100 showing positive perceptions of the economic situation and ratings below that figure indicating a negative perception.

The CIS reported that the indicator about the current economic situation remained stable at 77 points.

Opinions about the current economic situation remained practically unchanged, while those about Spain's labor opportunities and the situation of households decreased by 2.9 points and increased by 3.4 points respectively.

The indicator of people's expectations about the future decreased 2.4 points to 98.4 points.

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