Survey on Industry, Services and Construction - 2025-05
Published on the 11th of June 2025
Industry, market services and construction
If you wish to have a more detailed analysis of the results presented on this page, you can consult the "Monthly business survey".
Industry ![]()
Opinion on the outlook for industrial production* ![]()
Balance of opinions, SA-WDA
Balance of opinions, SA-WDA
In this graph and the following, the extreme values related to the COVID-19 pandemic are available in WEBSTAT
| Jul-24 | Aug-24 | Sep-24 | Oct-24 | Nov-24 | Dec-24 | Jan-25 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | |
| Change | Forecast | |||||||||||
| Production | 2 | 3 | 3 | 7 | 1 | -1 | 6 | 4 | 7 | 4 | -9 | 3 |
| Deliveries | 0 | 7 | 3 | 7 | 6 | -1 | 8 | 3 | 9 | 5 | 1 | |
| Total orders | -1 | 4 | 3 | 5 | 3 | 2 | 3 | 3 | 5 | 5 | 4 | |
| Staff | 0 | 0 | 0 | 0 | -1 | 0 | -1 | 0 | 0 | 0 | 0 | |
| Final goods prices | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | |
| Commodity prices | 2 | 3 | 0 | 1 | 2 | 2 | 1 | 3 | 1 | 1 | 1 | |
| Level | ||||||||||||
| Order books | -7 | -7 | -9 | -8 | -10 | -11 | -10 | -11 | -10 | -10 | -8 | |
| Inventories of finished goods | 7 | 7 | 6 | 6 | 6 | 7 | 6 | 6 | 5 | 6 | 5 | |
| Capacity utilisation rate | 75.2 | 75.1 | 74.9 | 75.3 | 74.8 | 73.8 | 75.4 | 75.2 | 75.4 | 75.6 | 75.0 | |
| Cash positions | -1 | 0 | -1 | -2 | -2 | -2 | -1 | -1 | -2 | -2 | -2 |
Changes in deliveries
Balance of opinions, SA-WDA
Inventories and order book level
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to +200.
Market Services![]()
Opinion on the outlook for services activity*![]()
Balance of opinions, SA-WDA
Balance of opinions, SA-WDA
| Jul-24 | Aug-24 | Sep-24 | Oct-24 | Nov-24 | Dec-24 | Jan-25 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | |
| Change | Forecast | |||||||||||
| Activity | 5 | 13 | 3 | 4 | 4 | 4 | 5 | 0 | 1 | 1 | -4 | 1 |
| Aggregate demand | 4 | 12 | 1 | 4 | 3 | 3 | 5 | 0 | 1 | -1 | -3 | |
| Prices | 3 | 3 | 1 | 1 | 2 | 3 | 5 | 3 | 1 | 2 | 2 | |
| Staff | 4 | 4 | 0 | 2 | 4 | 3 | 2 | 1 | 1 | 0 | -1 | |
| Level | ||||||||||||
| Cash positions | -1 | 3 | 2 | 0 | 1 | 0 | 1 | 2 | 1 | 1 | 1 |
Changes in demand
Balance of opinions, SA-WDA
Changes in prices and staff
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to +200.
Construction![]()
Opinion on the outlook for construction activity* ![]()
Balance of opinions, SA-WDA
Balance of opinions, SA-WDA
| Jul-24 | Aug-24 | Sep-24 | Oct-24 | Nov-24 | Dec-24 | Jan-25 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | |
| Change | Forecast | |||||||||||
| Acitivity | 5 | -2 | 4 | 4 | 0 | -2 | 5 | 1 | 2 | 6 | -3 | 2 |
| Estimates prices | 1 | 1 | 0 | -1 | 0 | 0 | -1 | -2 | -2 | -1 | -1 | |
| Staff | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | -1 | |
| Level | ||||||||||||
| Order books | -5 | -5 | -6 | -3 | -5 | -6 | -4 | -3 | -6 | -5 | -5 |
Order book level
Balance of opinions, SA-WDA
Changes in estimates prices and staff
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to +200.
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Survey on Industry, Services and Construction - 2025-05
Additional links
Survey on Industry, Services and Construction - 2025-05
Updated on the 26th of May 2025