Survey on Industry, Services and Construction - 2026-05

Published on 16th of June 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

In this graph and the following the extreme values related to the COVID-19 pandemic are available in WEBSTAT
Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 June-26
Change Forecast
Production 6 6 3 7 6 4 6 5 8 6 1 10
Deliveries 7 7 6 7 6 5 7 7 9 6 4
Total orders 4 8 6 7 8 6 8 5 11 7 6
Staff 1 1 0 -1 3 0 0 0 3 1 1
Final goods prices 0 1 1 1 1 1 4 2 5 9 9
Commodity prices 0 1 1 1 3 2 4 4 17 26 22
Level
Order books -6 -7 -7 -6 -7 -5 -5 -5 -1 -3 -4
Inventories of finished goods 6 7 6 7 7 7 7 7 6 6 7
Capacity utilisation rate 75.6 75.9 76.1 76.2 76.6 76.4 76.6 76.6 76.9 76.9 77.0
Cash positions 1 -1 -1 0 -1 -2 -1 -1 -2 0 1


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
Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 June-26
Change Forecast
Activity 5 3 7 10 4 3 7 5 3 1 -6 3
Aggregate demand 5 3 8 7 4 2 7 6 3 0 -1
Prices 1 1 2 2 3 1 2 2 3 6 2
Staff 1 1 0 2 0 0 0 1 1 0 -3
Level
Cash positions 1 0 1 2 1 0 0 0 -1 -2 -3


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
Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 June-26
Change Forecast
Acitivity 6 9 -3 7 3 2 6 5 4 2 -1 0
Estimates prices 0 -1 -2 -1 -1 -1 1 1 4 10 8
Staff 1 1 1 1 -1 -1 0 1 1 0 0
Level
Order books -2 -3 -6 0 0 -3 -2 -4 -2 -5 -7


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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Updated on the 15th of June 2026