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Spanish Consumer Confidence Marked Increasing Values in 2016

Spanish-Consumer-Confidence-Marked-Increasing-Values-in-2016.jpgThe consumer confidence in Spain increased in 2016, especially in the last months of the year, when the Spanish population was celebrating Christmas and the New Year. The consumer confidence index is showing positive prospects related to the Spanish economy. Persons who are interested in setting up a company here or relocating in one of the Spanish cities can find out more details on the legal aspects from our team of lawyers in Spain
 

Consumer confidence index in Spain 

 
The consumer confidence index (CCI) in Spain ranges from 0 to 200 – 0 being the smallest value attributed to this index and 200 depicting the highest consumer confidence on a certain market. At the level of December 2016, the CCI in Spain was situated at 107.4. The value depicts a percentage of 53.7%, which represents the highest value measured for the end of the year registered in Spain prior to the economic crisis which affected most of the European countries. 
 
It also shows a steady increase, compared to the values registered for the CCI in November 2016, when the index was estimated at 99.4%.  Our team of attorneys in Spain can offer assistance to businessmen who are interested in the characteristics of the retail market
 

What is the CCI?

 
The Consumer Confidence Index (CCI) designates the level of optimism expressed by local consumers. It measures the optimism as factor determining the purchase of more products and services, thus stimulating the local economy. Our team of lawyers in Spain can offer more details on the aspects taken into account when computing the CCI
 

Retailing industry in Spain 

 
Foreign businessmen who are interested in opening a company in Spain in the field of retail should know that, at the moment, the most developed sector refers to grocery retailers. Other retailers who have very good results on the Spanish market refer to companies operating with clothing items. 
 
More details on the regulations related to the retailing industry and the requirements to enter this market can be provided by our law firm in Spain. Please contact our lawyers for legal advice. 
 

Comments

  • Mark 2017-02-19

    I think that the consumer confidence index provides relevant information on the current situation of an economy.

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