Component Series (Unit)

Source

Rate of capacity utilisation (BTS manufact.) (% balance)

DG-ECFIN European Commission

Production of total construction (2005=100)

Eurostat

CPI Services less housing inverted (2005=100)

Instituto Nacional de Estadística

Share prices: IGBM general index (2005=100)

Bank of Spain

Passenger car registrations (2005=100)

National Statistical Institute

Reference chronology of turning points

Peak 1963M3, Trough 1967M12, Peak 1969M3, Trough 1971M3, Peak 1974M4, Trough 1975M10, Peak 1978M3, Trough 1979M5, Peak 1980M4, Trough 1981M12, Peak 1983M12, Trough 1985M7, Peak 1990M11, Trough 1993M5, Peak 1994M10, Trough 1996M1, Peak 2000M4, Trough 2004M5, Peak 2008M2, Trough 2009M10, Peak 2011M8