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Harmonised Business Confidence Index (HBCI). By activity sectors

Harmonised Business Confidence Index (HBCI). By activity sectors Catalonia. 4th quarter 2013
Index Quarterly variation % Year-over-year variation %
Total 115.5 2.6 9.6
Industry 112.5 -0.2 15.0
Construction 107.6 -0.9 5.5
Trade 123.2 10.5 13.5
Accommodation and food service activities and transport 137.1 -2.4 12.0
Other services 110.0 2.5 5.6
Units: Base 2013 I quarter = 100.
Source: Idescat and INE.
Harmonised Business Confidence Index (HBCI). By activity sectors Spain. 4th quarter 2013
Index Quarterly variation % Year-over-year variation %
Total 113.0 3.4 8.6
Industry 110.9 1.4 .. Confidential data, low reliability or not available
Construction 109.1 3.0 .. Confidential data, low reliability or not available
Trade 117.1 5.4 .. Confidential data, low reliability or not available
Accommodation and food service activities and transport 119.2 3.1 .. Confidential data, low reliability or not available
Other services 110.9 3.6 .. Confidential data, low reliability or not available
Units: Base 2013 I quarter = 100.
Source: INE.
(..) Confidential data, low reliability or not available.

Last update: October 9, 2013.

Methodological note

Business confidence indicators (BCI) are based on biased or qualitative circumstantialeconomic surveys on establishments. This type of survey at any given time captures the opinion held by entrepreneurson the current and future situation of the activity of their business.

The Harmonised Business Confidence Indesx (HBCI) is constructed on the basis of Business confidence (BC). The variable used in calculating the harmonized business confidence index (HBCI) is the evolution of the business of the establishment during the preceding quarter (status indicator) and for the following quarter (expectation indicator).

Said methodology is expanded in Business Confidence Indicators.