Survey on Industry, Services and Construction - 2026-03
Published on 14th of April 2026
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
| May-25 | Jun-25 | Jul-25 | Aug-25 | Sep-25 | Oct-25 | Nov-25 | Dec-25 | Jan-26 | Feb-26 | Mar-26 | Apr-26 | |
| Change | Forecast | |||||||||||
| Production | -7 | 11 | 7 | 7 | 4 | 8 | 7 | 6 | 6 | 6 | 9 | 3 |
| Deliveries | -2 | 13 | 7 | 7 | 7 | 7 | 7 | 5 | 8 | 8 | 10 | |
| Total orders | 3 | 9 | 4 | 8 | 6 | 7 | 8 | 7 | 8 | 6 | 10 | |
| Staff | 0 | -1 | 1 | 1 | 0 | -1 | 3 | 0 | 0 | 0 | 3 | |
| Final goods prices | 0 | 3 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 5 | |
| Commodity prices | 1 | 2 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 18 | |
| Level | ||||||||||||
| Order books | -9 | -8 | -7 | -7 | -7 | -6 | -7 | -5 | -5 | -4 | -2 | |
| Inventories of finished goods | 5 | 6 | 6 | 7 | 6 | 7 | 7 | 7 | 7 | 7 | 6 | |
| Capacity utilisation rate | 75.2 | 75.4 | 75.5 | 75.9 | 76.1 | 76.2 | 76.6 | 76.5 | 76.6 | 76.6 | 77.0 | |
| Cash positions | -2 | -1 | 1 | -1 | -1 | 0 | -1 | -2 | -1 | -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
| May-25 | Jun-25 | Jul-25 | Aug-25 | Sep-25 | Oct-25 | Nov-25 | Dec-25 | Jan-26 | Feb-26 | Mar-26 | Apr-26 | |
| Change | Forecast | |||||||||||
| Activity | -5 | 8 | 5 | 4 | 8 | 9 | 4 | 4 | 8 | 6 | 4 | 1 |
| Aggregate demand | -4 | 9 | 5 | 4 | 8 | 7 | 4 | 3 | 8 | 7 | 3 | |
| Prices | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 1 | 2 | 2 | 2 | |
| Staff | -2 | 2 | 1 | 1 | 0 | 2 | 0 | 0 | 0 | 1 | 2 | |
| Level | ||||||||||||
| Cash positions | 0 | 1 | 1 | 0 | 1 | 2 | 1 | 0 | 1 | 0 | -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
| May-25 | Jun-25 | Jul-25 | Aug-25 | Sep-25 | Oct-25 | Nov-25 | Dec-25 | Jan-26 | Feb-26 | Mar-26 | Apr-26 | |
| Change | Forecast | |||||||||||
| Acitivity | 0 | 11 | 7 | 10 | -3 | 8 | 4 | 2 | 6 | 5 | 4 | -1 |
| Estimates prices | -2 | -2 | 0 | 0 | -2 | -1 | -1 | -1 | 1 | 1 | 3 | |
| Staff | -1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | |
| Level | ||||||||||||
| Order books | -4 | -3 | -3 | -4 | -6 | 1 | 0 | -2 | -2 | -5 | -2 |
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.
Download the PDF version of the document
EN_business-survey-overview_march2026.pdf
Updated on the 13th of April 2026