In July, consumer confidence stood at 82.9 points, 6.8 points higher than the previous month. This month-on-month increase in the index is due to the positive performance of its two components: on the one hand, the assessment of the current situation rose 6.2 points, and on the other, the assessment of future expectations increased 7.4 points compared to June.
The current situation assessment index reached 81.8 points this month, an increase of 6.2 points compared to last June. This represents a rise in relative terms, reflecting the positive monthly performance of its three components: the assessment of the economic situation rose 6.4 points compared to June, reaching 67.9 points; the assessment of the household situation rose 5.2 points to 91.6 points in July; and the assessment of the labor market reached 85.8 points, an increase of 7 points compared to June.
The Expectations Index reached 84.1 points this July, 7.4 points higher than the figure recorded in June, representing a 9.7% increase in relative terms. This result is due to the positive performance of its three components: the assessment of the future development of the economy, at 74 points, represents a rise of 9.5 points compared to June; the assessment of the future situation of households increased by 3.5 points, reaching 102.8 points; and expectations about the future of the labor market grew by 9.3 points, reaching 75.5 points this July.
The CIS ICC data are based on a representative sample of the Spanish population consisting of 2,433 interviews conducted between July 21 and 24.