FX.co ★ Spain Business Sentiment Improves in March

The industry confidence indicator in Spain, adjusted for seasonal variations, increased by 0.9 points in March 2025, reaching -5.4, up from February's revised figure of -6.3. This uplift was driven by improved production expectations, which rose to 1.3 from -1.8, and a decrease in stocks of finished products to 5.4 from 6, indicating a potential rise in demand. However, the assessment of the current level of overall order books deteriorated, with a decline to -12.2 from -11.