In Spain

exports spanish2

Spanish exports fall 3.5% in last year

The trade deficit reached €12,760.9 million in the first four months of the year, an increase of 16.7% compared to the same period last year, despite the fact that exports in this period recorded the second best figure in the historical series, with €127,420 million, although they fell by 3.5% in the last year, as reported on Monday by the Ministry of Economy, Trade and Enterprise. Imports totalled €140,181 million…

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mercado laboral

Labour costs per hour worked in Spain grew by 4.5% annually in 1Q24 and wage costs by 4.2%

Link Securities | The National Statistics Institute (INE) published yesterday that the labour cost per hour worked measured by the Harmonised Labour Cost Index (HLCI), keeping the structure by branch of activity constant, increased by 4.5% in 1Q2024 compared to 1Q2023, in seasonally and calendar-adjusted figures. In unadjusted data, the year-on-year variation in the hourly cost was 7.5%. In turn, wage costs grew 4.2% year-on-year in 1Q2024 in seasonally and…