The CCI stands at 84.5 points in April, two points more than in March
Madrid, 13 May 2024
Nota Informativa
- The Consumer Confidence Index increases 11.6 points compared to April of last year and reaches the best result of 2024
- The current situation index reaches 77.6 points
- The assessment of future expectations strengthens at 91.4 points
Consumer confidence stands at 84.5 points, which represents 2 points more than the previous month's figure. This increase in the index is due to the evolution of its two components: on the one hand, the assessment of the current situation rises by 1.7 points and, on the other, the assessment of expectations grows by 2.3 points, compared to the month of March. .
In relation to the month of April of the previous year, the interannual evolution of the CCI is also positive: it increases by 11.6 points. This improvement is due to the increase of 14.8 points in the assessment of the current situation in the last year and an improvement of 8.3 points in future expectations compared to April 2023.
As for the valuation index of the current situation, it reaches 77.6 points this month, with a growth of 1.7 points in relation to that obtained last March. This represents an increase in relative terms in the evolution of its three components: the assessment of the current economic situation rises 3 points compared to the month of March, standing at 67.6 points; while the assessment of the situation of households grows 1.2 points, reaching 85.6 points and the assessment of the labor market reaches 79.7 points, which represents a slight increase compared to March of 0.8 points .
The Expectations Index reaches 91.4 points this April, a result 2.3 points higher than the 89.1 points registered in the month of March, which represents an increase of 2.6% in relative terms. This result is due to the evolution of its three components: the assessment of the evolution of the economy in the future with 83.2 points shows an increase of 3.2 points compared to March, the assessment of the future situation of households presents a slight increase of 0.3 points, reaching 103.9 points and expectations about the future of the labor market increase 3.5 points, reaching 87.1 points this April.
The CIS ICC data are based on a representative sample of the Spanish population of 3,006 interviews carried out between April 22 and 24.
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