What caused inflation in Spain to rise above market forecast this month
Inflation rose to 5.8% across Spain in January, much above the market forecast. The preliminary figure was up from 5.7% in December 2022, a 13-month
Spain’s economy grew faster than expected in 2022 to beat recession fears
SPAIN’S gross domestic product grew by 5.5% in 2022 despite the global economic crisis which has caused rocketing prices. Figures released on Friday by the
Unemployment in Spain fell by nearly 80,000 people in 2022 with 278,900 jobs created
THE RANKS of the unemployed fell by 79,900 people in Spain in 2022 compared to the year before. That was a decrease of 2.6%, according
78.8% of ‘second’ home buyers in Spain’s Valencia region during 2022 were foreigners
78.8% of people who bought a second home through Valencian Community real estate agencies in 2022 were foreigners while 70.1% of those who acquired a
Spain sees record surge in tax revenues, partly due to Covid-19 pandemic
THE COVID-19 pandemic had a lot of different effects on the way Spaniards live, from an increase in home working to a change in the
Spain’s inflation rate was 5.7% in December
SPAIN’S inflation rate for December was 5.7%- a tenth lower than in provisional figures announced a fortnight ago by the National Institute of Statistics. The
Tourist spending in Spain’s Balearic Islands in 2022 smashes pre-pandemic levels
VISITORS to the Balearic Islands in the first 11 months of 2022 spent €800 million more than the whole of the pre-pandemic year of 2019.
EXPLAINER: A guide to Spain’s big January fashion sales
JANUARY is always the time when clothes shoppers in Spain can pick up a bargain in the big sales. Once Friday’s Three Kings holiday is
Pedro Sanchez suspends taxes on essential food products in Spain’s latest anti-inflation package
PRIME Minister Pedro Sanchez has announced details of Spain’s latest ‘anti-crisis’ package to fight inflation in 2023. The measures were agreed at Tuesday’s meeting of
EXPLAINER: Why Spain’s 20 cents per litre fuel discount is nearing the end of the road
SPAIN’S 20 cents per litre fuel bonus- introduced in April- is likely to be scrapped on December 31. The measure was brought in to counter
Spain’s PM Pedro Sanchez considering measures to cut basic food prices
PRIME Minister Pedro Sanchez says he’s looking at containing food price rises as part of a new anti-crisis package to be implemented at the end
Spain’s bars and restaurants expecting bumper post-Covid Christmas
AROUND this time last year, the emergence of the omicron variant of the coronavirus dashed the hopes of Spain’s bars and restaurants of any kind
Luxury tourism grows by 30% in Spain’s Malaga
PREMIUM tourism is on the rise in the Capital of the Costa del Sol, says tourism delegate. According to Jacobo Florido, Malaga’s Councillor for Tourism,
Spain cuts windfall tax grab on energy firms to win support of regional political parties
CONGRESS has approved a new windfall tax on excess profits made by energy firms but only after the government agreed to changes demanded by small
Inflation to stay around 7% until end of 2022 in Spain as mortgage relief deal gets struck with banks
SPAIN’S Economy Minister, Nadia Calviño, says the annual inflation rate will stay at around 7% for the rest of the year before falling next year.
‘Indefinite’ self-employed lorry driver strike in Spain ends after just one day
AN indefinite lorry drivers strike in Spain that started on Monday has folded within a day. The National Platform in Defence of Road Transport -that
Truck drivers group launch strike in Spain over inflation but disruption described as ‘minimal’
A group of mainly self-employed truck drivers and small haulage companies have gone on indefinite strike in Spain. The National Platform in Defence of Transport
Spain’s annual inflation rate produces big October fall
SPAIN’S annual inflation rate has fallen to 7.3% in October according to preliminary figures issued on Friday by the National Statistics Institute(INE). That’s a 1.6%
Unemployment rate in Spain creeps up to 12.6% in third quarter of the year
SPAIN’S job market slowed in the third quarter of this year, with a small rise in the unemployment rate to 12.67% of the active population
Spain’s Finance Minister says inflation rate fall is accelerating
SPAIN’S Finance Minister, Nadia Calvino, has said that the country’s inflation rate fall is accelerating. In an interview with the Reuters news agency, Calvino said
Explainer: How much is Spain’s prime minister paid, and how does it compare to other politicians’ pay?
THE current coalition government is run by the Socialist Party and junior partner Unidas Podemos. Next year, according to the 2023 budget, the politicians that
Exports in Spain’s Malaga achieve record figure in first seven months of 2022
MALAGA exports has reached €1,636 million in the first seven months of 2022—a record figure for this period. Between the start of January and end
Tourist spending in Spain finally returns to pre-pandemic levels
SPENDING by international tourists in Spain has finally returned to pre-pandemic levels, with the latest figures published by the National Statistics Institute (INE) showing visitors
Spain’s inflation rate shows surprise small fall in August
INFLATION in Spain stood at 10.4% in August- a 0.4% drop on July’s rate according to figures released on Tuesday by the National Institute of
Olive farmers in Spain’s Costa Blanca and Valencia areas set to forget harvest as production costs soar
OLIVE farmers in the Valencian Community may forget this year’s harvest as the costs of olive-picking and making olive oil are too high. Extreme weather
Inflation rate in Spain hits 10.8%- highest figure since December 1984
INFLATION in Spain rose to 10.8% in July, which is the highest rate since December 1984. Figures released by the National Statistics Institute on Friday