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In Spain

gas electricidad

In Spain 10th March 2026

Utility companies suspend fixed-price electricity and gas contracts due to Iran crisis

The wholesale price of gas has surged from less than €30 per megawatt-hour (MWh) just a few weeks ago to over €60 per MWh, representing an increase of more than 100%. Consequently, several energy-intensive companies have recently received letters from their gas suppliers warning that the sudden spike in wholesale market prices—stemming from the U.S. and Israeli offensive against Iran—makes it impossible to maintain the previous pricing conditions. The suppliers…

housing spain

Spanish economy 9th March 2026

House prices in Spain rose 12.7% on average in 2025

Overall, the price of unsubsidized housing (vivienda libre) in Spain soared by an average of 12.7% last year—4.3 percentage points higher than the increase recorded in 2024 and its largest spike since 2007, when it rose by 9.8%, according to the Housing Price Index. With the 2025 increase, housing prices have now seen 12 consecutive years of growth. The 2025 figure is the highest in the INE (National Statistics Institute)…

Montero

In Spain 6th March 2026

AIReF’s swansong: demanding adjustments as public debt—at 100% of GDP—grows at 4.8% annually, doubling GDP growth of 2.8%

The newspaper El Mundo explains that “the PSOE is silencing the head of the Fiscal Authority and preventing her from criticizing in Parliament the lack of Budgets amidst the Iran crisis and the pact with Junqueras.” This is because, according to what Cristina Herrero—who until the 4th of this month presided over the Independent Authority for Fiscal Responsibility (AIReF)—explained to them, she requested weeks ago to meet with the First…

data

In Spain 5th March 2026

Spanish civil servants now earn 20% more than private sector workers — €579 per month extra

The average salary for Spanish civil servants has reached €2,800 per month over the past year, hitting historic highs. According to data from the Social Security Contribution Base Statistics, 1.2 million public workers affiliated with the General Regime receive €2,800 a month. The latest update from September 2025 places the figure at €2,853.5 per month. When comparing the salaries of civil servants with the rest of the workforce, the average…

Repsol gasolina

Ibex, In Spain 5th March 2026

Government plans to intervene in Repsol, Moeve and BP prices if necessary in light of impact of Persian Gulf conflict

Banco Sabadell | In an interview with TVE yesterday, the Minister of Economy, Carlos Cuerpo, stated that the government will be monitoring fuel prices due to the potential impact of rising oil and gas prices in light of the conflict in the Persian Gulf, as price increases are passed on very quickly and decreases very slowly. Carlos Cuerpo referred to the war in Ukraine, saying that they would be prepared…

vivienda españa 2

In Spain 5th March 2026

Second-hand housing price in Spain soars 17.7% in February to all-time high of €2,673 m²

Alphavalue/Divacons | The price of second-hand homes in Spain shot up by 17.7% in February 2026 compared to the same month last year, reaching a new all-time high of €2,673/square metre, according to Idealista on Tuesday. This figure represents the highest price since the company began keeping records. In addition, the ‘Idealista Property Price Index’ reflects a monthly increase of 0.9% and a rise of 2.6% in the last quarter.

Trump

In Spain 4th March 2026

Trump Claims he will “cut all trade with Spain”

The President of the United States lashed out yesterday, Tuesday, with more force and rage than ever against Spain and the Government of Pedro Sánchez, threatening to “break all deals” or “relations”—depending on how his expression is translated—with Spain. “We want nothing to do with Spain,” he stated, even speaking of a possible “embargo” against an ally he described as “terrible” and “hostile” following Sánchez’s decision not to allow the…

empleo oficina

In Spain 4th March 2026

Number of unemployed in Spain rises 3,548 in February, compared to 30,392 in January and average of 6,700 over last six years

Bankinter | The number of unemployed people rose by 3,548 in February, from 30,392 in January. Unemployment stands at 2.44 million people (up 0.15% month-on-month and down 5.8% year-on-year). Social Security affiliates: 21.6 million (up 97,000 people, up 0.45% month-on-month and up 2.2% year-on-year). Seasonally adjusted Social Security enrolment stands at 21.9 million people (up 45,200 workers, 0.21% month-on-month). Analysis team’s view: The number of unemployed rose slightly in February,…

Employment

In Spain, Spanish economy 4th March 2026

Spanish service sector returns to growth in February (51.9 points), but at slowest pace since June

CdM | The Spanish service sector economy continued to expand in February, but once again did so at a slower pace, due to less rapid growth in demand and weaker market conditions. This is according to the Purchasing Managers’ Index (PMI) for the Spanish service sector, which stood at 51.9 points in the second month of the year, according to S&P Global and Hamburg Commercial Bank (HCOB). Although it remained…

unemployment spain

In Spain 3rd March 2026

Unemployment rises in February, now more people receive unemployment benefits than registered unemployed individuals in 10 provinces

Unemployment rose in February, and in 10 provinces there are now more people receiving unemployment benefits than there are registered unemployed individuals. Contrary to the previous two years, unemployment rose in February by 3,584 people. The performance across autonomous communities was uneven, with significant increases in regions like Aragon, Madrid, and Cantabria, and notable decreases in the Balearic Islands, Asturias, and the Basque Country. In the annual calculation, unemployment continues…