The seasonally adjusted industrial confidence indicator in Spain rose to -2.4 in June of 2026 from from -3.7 in the prior month, marking the highest reading since September 2024. Production expectations rebounded strongly (-4.5 vs -1.5 in May) and stocks increased faster (4.3 vs 2.6), despite the deterioration in new orders (-7.3 vs -6.9) and export orders (-15.1 vs -14.9). At the same time, the inflation outlook improved, with price pressures expected to ease (10.4 vs 18.7).