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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La confianza del consumidor español registra su mejor índice desde 2007

Spanish consumer confidence recorded his best rating since 2007

03/09/2009

September 3, 2009

The indicator of consumer confidence (ICC-Ico) increased by 3.4 points from the previous month August, standing at the highest level since September of 2007.

This development is explained both by the increase in the partial indicator of current situation (+ 3.9 points) as the indicator of expectations (+ 2.9 points), that it remains above 100 for the second consecutive month.

The biggest rise occurs in components to the current situation of the Spanish economy and the perspectives on employment in the next six months. In comparison with August 2008 the ICC-Ico, the monthly indicator developed by the Institute for Official credit Institute (Ico) based on a survey by the Institute believed 1,000 consumers of wide geographical Spanish, increased 28.1 points.
Source: ICC-Ico of the Institute for official credit report
Source: ICC-Ico of the Institute for official credit report.