FX.co ★ Spanish Business Confidence Improves in October, Signalling Softer Pessimism

Spanish business confidence strengthened in October 2026, with the indicator rising to -0.7 from -1.6 in September 2026. The latest data, updated on 29 October 2026, suggest that while sentiment among Spanish businesses remains slightly negative, pessimism is moderating.

The move from -1.6 to -0.7 points indicates an improvement in expectations and assessments of current conditions compared with the previous month. Although the indicator is still below zero—implying that more respondents remain cautious than optimistic—the upward shift may be interpreted as a sign that companies are seeing a less challenging environment than earlier in the autumn.