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In Spain

In Spain 30th January 2026

Government and Unions bypass employers to agree on 3.1% Minimum Wage hike to €1,221

The Ministry of Labor and the UGT and CCOO trade unions reached an agreement this Thursday to increase the Interprofessional Minimum Wage (SMI) by 3.1%, bringing it to €1,221 across fourteen payments, exempt from personal income tax (IRPF). With this latest revaluation, the minimum wage has seen a cumulative increase of 66% since 2018. For the sixth consecutive year, the minimum wage increase will not have the backing of all…

In Spain

Business confidence rises in Spain by 0.1% ahead of Q1 2026 and compared to Q4 2025, three out of five sectors analysed improve

In Spain

“European industry feels vulnerable because it cannot compete on a level playing field”

In Spain

Train drivers strike after two derailments in 48 hours leave 46 casualties

Spanish economy

Trade Deficit Surges 40% as Exports Stagnate

In Spain 20th January 2026

IMF raises global growth forecast to 3.3% and Spain’s to 2.3%

In an update to its World Economic Outlook, the IMF raised its global growth forecast for 2026 to 3.3%, representing a 0.2 percentage point increase from its October 2025 projection, while keeping its 2027 forecast unchanged at 3.2%. In this update, the IMF has once again revised upward its growth expectations for the Spanish economy for both this year and next. The projected expansion rate is 2.3% in 2026—three-tenths higher…

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