July 25, 2021

The uncertainty reaches its highest level in Spain in 5 months, according to Ceprede

The uncertainty reaches its highest level in Spain in 5 months, according to Ceprede



The feeling of uncertainty in Spain has chained two months of increases, to stand in October at its highest level in the last five months, according to the Center for Economic Prediction (Ceprede).

Ceprede produces an indicator of national uncertainty on a monthly basis based on four parameters: business and consumer distrust, stock volatility and bond premiums, economic and expectations change, and media uncertainty.

In October that index stood at 68.3 points, the second highest level since 2018, due to the advance of media and financial uncertainty, some stock market volatility and a greater fear of a macroeconomic slowdown greater than expected and a recession in the middle. or long term.

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