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| The consumer confidence increased again in March, according |
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The Spanish consumer confidence rebounded last March and increased 1.6 points, after falling in February, according to figures released today Official Credit Institute (ICO). In particular, stood at 72.7 points from 71.1 the previous month integers.
In February, the trust had receded 7.6 points because people had a worse perception of both the current economic situation as the future, which, according to the ICO, has changed slightly in March, when the confidence indicator " A slight increase is explained by the improvement in consumers' views about the evolution of the country's economy and employment in the last six months. " The agency added that the rise is in line with the best performance of some economic indicators such as industrial production, export or sale of automobiles. Compared with March 2009, the confidence indicator increased by 19 points because they have improved expectations (+20.4 points) and the opinion on the current situation (+17.5 points). Worst expectations Based on the partial indicators, the increase in improving the current situation indicator offset the decline in the expectations indicator. Thus, the current situation indicator, which rose 4.8 points to 45.7 points as a result of the best opinion with consumers about the economy (+8.2 points), employment (+4 , 8 points) and to a lesser extent, the household economy (+1.3 points). For its part, the expectations indicator fell 1.6 points to stand at 99.7 points as a result of the worst prospects expressed by respondents for the Spanish economy (-3.3 points) and the labor market (- 1.8 points), whereas expectations about family finances improved slightly (+0.2 points). It is the first time since October 2009 in which this indicator low of 100 integers. "The quarterly and annual increase of the indicator, and the improvement of the expectations of savings and purchase of consumer durables, can advance a moderate improvement in private consumption in 2010," the Institute. 05/04/2010 Eleconomistas.es |
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