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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SpainSpain Consumer Confidence climbed to 77.7% in April 2026
FMPMonthlyReleased May 2026
Spain Consumer Confidence climbed to 77.7% in April 2026, released May 2026, up 10.8% from March's 66.9% reading. The print exceeded the 69.0% consensus by 8.7%. Year-over-year, the indicator is up 1.2%. Over the past 3 months, Consumer Confidence averaged 77.95%, vs 77.06% in the prior 3-month window. The reading is in the 30th percentile of the trailing 24-month range.
Latest Release
77.7
Actual
69
Consensus
66.9
Previous
Median Absolute Error
±2.76 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 69
Actual: 77.7
Error: -8.7
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.81 | INDEX | Bearish S&P 500 | → View |
| USD/JPY | ▲ Direct | +0.61 | FOREX | Bullish USD | → View |
| GBP/USD | ▼ Inverse | −0.56 | FOREX | Bearish GBP | → View |
| EUR/USD | ▼ Inverse | −0.42 | FOREX | Bearish EUR | → View |
| BTC/USD | ▲ Direct | +0.25 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Spain) was reported at 77.7% in May 2026. This beat the market consensus of 69% by 8.7%. The reading rose from the previous value of 66.9%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 78.92%, ranging from 75.9% to 83.9% across 10 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 80.7%, up from the prior three at 75.97%. Volatility over the past year (σ 2.92%) is lower than the prior year (σ 3.76%). In May readings over the past 3 years, Consumer Confidence has averaged 79.57%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with USD/JPY, positively correlated (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 2.76%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Balance of Trade (Jun 23) and Gross Domestic Product QoQ (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - ES
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About Consumer Confidence — Spain
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Apr 2026): actual 77.7 %, consensus 69 %. Prior reading (Mar 2026): 66.9 %. Before that (Feb 2026): 83.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.81) — a useful reference for index-focused traders.