In Spain

Spain industrial production

Spain’s industrial cost disinflation continues with -0.2% monthly drop in April

March | Industrial production costs continue to fall in Spain, albeit at a slower pace. April’s data showed a -0.2% monthly fall in industrial production prices, bringing the year-on-year decline in industrial costs to -6.6% from -8.2% previously. With this figure, producer prices have now fallen for more than a year (they entered negative territory in March last year), while in terms of the underlying rate (excluding energy), industrial cost…

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Sánchez recalls Spanish ambassador to Argentina because Milei called his wife “corrupt” and refuses to apologise

The disagreements between the Argentine and Spanish presidents go back a long way: Sánchez already called Milei a “reactionary” and refused to congratulate him when he won the elections in Argentina. But things got complicated when a Spanish government minister, Oscar Puente, publicly insinuated that Milei was on drugs. The Argentine government demanded an apology from the Spanish government, which the latter refused to offer. So last weekend, at a…