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The downward movements of the economic climate and the Consumer confidence indicators deepen
Business and consumer surveys
The downward movements of the economic climate and the Consumer confidence indicators deepen - November 2008
27 November 2008

Summary
The economic climate indicator accentuated the downward movement of the previous five months, recording the minimum value of the series started in 1989. In November, similarly to what had happened in October, all the sectors’ confidence indicators registered negative evolutions, more intense in Manufacturing Industry.
The Consumer confidence indicator decreased in November, intensifying the movement observed in October, after recovering in the two previous months. It should be noticed that, in monthly values, without using three-month moving averages, this indicator recorded in November the minimum value of the series started in June 1986 (the same value as in July and October).

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