The Consumer confidence indicator increased in January and February, after stabilizing in December and decreasing in the previous two months, significantly in November. The balance of opinions on the past evolution of consumer prices increased in the last five months, extending the markedly ascending trajectory initiated in March of 2021 and reaching the maximum value since July 2008.
The economic climate indicator increased in February, reaching a level identical to that observed in February 2020, after presenting an irregular behavior between July and January. Confidence indicators increased in February in Manufacturing Industry and Services and decreased in Construction and Public Works and Trade.
The expectations of Construction and Public Works entrepreneurs about the future evolution of selling prices decreased significantly, after registering in January the maximum value of the series. In the Manufacturing Industry, there was a reduction in the perspectives on selling prices in January and February, after reaching in December the maximum value since October 1990. The balance of expectations regarding the evolution of the charged prices of services decreased in February, after increasing in the previous month and approaching the maximum of the series recorded in November 2005. On the contrary, the selling prices expectations in Trade increased in January and February, reaching the maximum of the series started in May 2003.