MADRID (AFX) - The index for consumer sentiment fell to 80.2 in April from 86.3 in March, state financing body Instituto de Credito Official said.
The indicator looks at consumer confidence in three main areas -- the country's economic situation, individual household standards of living and employment.
The overall consumer sentiment figure was the second lowest since the ICO records began in the fourth quarter of 2004, and after sentiment dropped to 77.4 in Oct 2005.
April saw falls in all three of the main areas, the institute said.
The index measuring the perception of the current economic situation dropped to 71.0 in April from 76.7 in March, while six-month expectations dropped to 89.4 from 95.9.
Within the index measuring the current economic situation, confidence in the household financial situation fell to 78.8 in April from 85.0 in March, confidence in the economy slipped to 63.9 from 71.5 and confidence in current employment also fell to 70.2 from 73.6.
The index measuring the perception of the economic situation in the coming six months saw expectations for the household financial situation fell to 100.6 in April from 107.7 in March and expectations for the economy dropped to 82.4 from 93.4, while confidence for employment dropped to 85.1 from 86.6. afxmadrid@afxnews.com ped/lam COPYRIGHT Copyright AFX News Limited 2005. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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