The 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
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.