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05.01.2024

Spain’s business confidence improves in December but remains negative

The latest report from the Ministry of industry trade and tourism revealed that business confidence in Spain improved in the final month of 2023.

According to the report, Business Confidence Index increased to -6.8 points in December from an upwardly revised -9.4 points (from -9.6 points) in November. This was the highest reading in four months but remained negative for the 18th straight month, indicating pessimistic perceptions.

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