In Spain

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CGE updates Spain’s GDP growth to 2.4% in 2026 and points to public debt still close to 100%

CdM | The General Council of Economists of Spain (CGE) presented on Monday the Financial Observatory and Economic Keywords Report for the second half of 2025, prepared by the Financial Commission and the CGE Research Service. The presentation ceremony was attended by the Vice-President of Bolsas y Mercados Españoles (BME) David María Jiménez-Blanco, as well as presentations by Miguel Ángel Vázquez Taín, President of the General Council of Economists of…


MWC

War in Iran disrupts start of defense-focused Mobile World Congress in Barcelona

Fira de Barcelona once again hosts the world’s largest technology fair, the Mobile World Congress (MWC), from March 2 to 5. The event expects to reach 110,000 attendees from 205 countries, generating an economic impact of 585 million euros. This year’s MWC is defined by the advancement of AI and the rise of the Defense sector. Despite a threatened boycott, Israel will be present with 39 companies, alongside Palestine, represented…


españa inflacion alimentos

Spanish inflation remains at 2.3%, core surprises rising to 2.7%

Bankinter | CPI (preliminary) for February 2026 was 2.3% year-on-year, compared to the expected 2.2% and the previous 2.3%. Core CPI rose to 2.7% year-on-year, compared to 2.6% expected and 2.3% previously. In month-on-month terms, it rose to 0.4%, compared to 0.4% expected and a decline of 0.4% in January. Bankinter analysis teams’ view: Inflation is slightly surprising due to the one-tenth rebound in the core rate, after three consecutive…


produccion industrial obrero

Producer price index rises 0.5% in Spain in January compared to December

Link Securities | The National Statistics Institute (INE) reported that the producer price index (PPI) rose by 0.5% in Spain in January compared to December, driven mainly by the increase in the prices of gas production and distribution by pipeline of gaseous fuels (4.8% in the month) and, to a lesser extent, by the increase in the prices of precious metals and other non-ferrous metals (4.7% in the month). In…


Sanchez

Sánchez suffers new defeat in Parliament, where his majority has long been lost

The Government suffered another defeat in Congress yesterday, proving once again that it lacks a parliamentary majority even to carry out the minimal legislative activity required to survive. The Executive failed, for the second time, to pass what it calls the “social shield” due to the refusal of Junts (along with the PP and Vox) to accept the extension established during the Covid era, which prevents property owners from evicting…


pensioners

Pension spending soars to €14.272 billion in February, up 6%

Social Security—carrying an annual deficit that independent analyses from FEDEA place near €70 billion—paid out 10,446,888 contributory pensions to approximately 9.5 million people this February, according to a report released Wednesday by the Ministry of Inclusion, Social Security, and Migration. Additionally, it paid out another 700,000 non-contributory pensions. Of the contributory pensions, 6.7 million are retirement pensions; 2.3 million are widowhood pensions; over one million are for permanent disability; more…


espana servicios hosteleria

Spanish consumer confidence rises to 80.5 points in January from 75.8 in December

Link Securities | The Spanish consumer confidence index, the ICC, compiled by the CIS, rose to 80.5 points in January from 75.8 points in December. This increase in the index is due to the positive performance of its two components: on the one hand, the assessment of the current situation rose by 3.3 points and, on the other, the assessment of future expectations was 6 points higher than in December….


spain tourism

Spain’s service sector output grows 3.5% in 2025, highest rate since 2022

CdM | Production in the service sector grew by 3.5% in 2025 as a whole, which is six tenths more than the previous year and the highest rate since 2022, according to figures published by the National Statistics Institute (INE). Trade increased its production by 5.3% and other services by 4.8%.In the series adjusted for seasonal and calendar effects, the overall production index for the service sector rose by 3.4%….


inactive people

Young Spaniards say men being left at “disadvantage compared to women”

After 22 years of the enforcement of a Gender Violence Law that overturns the presumption of innocence for men without the need for any evidence, 46.1 percent of young Spaniards claim that “promotion of women’s equality has gone so far that men are now being discriminated against.” This is one of the findings from the “Youth and Gender” barometer prepared by the FAD Foundation, which should prompt reflection on the…


morocco inmigration

Regularization and the “Pull Factor”

Julia Pastor | Between April and June of this year, the government will carry out an extraordinary regularization of 500,000 immigrants. This is the seventh such process in Spain’s democratic history, following initiatives launched by both PSOE and PP governments. In the first one, conducted in 1986 under Felipe González, residency papers were granted to 38,294 people out of 43,815 applications. The most recent occurred in 2005 under José Luis…