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In Spain, Spanish economy 30th July 2026

Unemployment rate falls to 9.87% in second quarter

Unemployment has fallen across all sectors: Services by 170,300 people, Agriculture by 22,400, Industry by 10,900 and Construction by 5,400. Reported by the Consejeros Editorial Team Data from the Labour Force Survey (EPA) show that, in the second quarter, unemployment fell by 213,300 people (7.87 per cent) compared with the previous quarter, bringing the total number of unemployed to 2,495,300. Meanwhile, the number of people in employment rose by 486,000…

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In Spain 29th July 2026

Pension expenditure rises by 6.2% in July, reaching a record high of €14.432 million

The average pension under the Social Security system stands at €1,372.2 this month, 4.6% higher than in the same month last year. Reported by the Editorial Team Pension expenditure reached €14.4319 billion in July, up 6.2% compared with the same month last year, according to figures provided by the Ministry of Inclusion, Social Security and Migration, which include the adjustment approved by the Government for 2026. In the seventh month…

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In Spain 29th July 2026

Spaniards’ income remains at 92% of EU average, same as 8 years ago

Yesterday, the Prime Minister closed the political season with his usual triumphalist tone regarding the performance of the economy. A tone constantly refuted by reality and by surveys of Spaniards, which point to “housing” and the economic crisis as their main problems. Spain’s indisputable GDP growth, above 2%, is fundamentally due to the year-after-year population increase of almost half a million immigrants annually. This, combined with NextGen funds and a…

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In Spain 28th July 2026

Unemployment falls below 10%, but Spain still carries 2.5 million unemployed people

The Labour Force Survey (EPA) for the second quarter of 2026 confirms that unemployment continues to fall. The unemployment rate stood at 9.87%, nearly a percentage point lower than in the previous quarter (-0.96 points) and its lowest level since 2008. The number of unemployed people fell by 213,300, down to 2,495,300: a decline of 0.37% in seasonally adjusted terms and by 57,800 people over the past year. Employment is…

Spain’s real estate sector: from recovery to expansion

Spanish economy 27th July 2026

Government insists on extending rental contracts until 2028

The Council of Ministers is scheduled to approve tomorrow, Tuesday, July 28, a new royal decree-law on housing that will include the automatic extension of rental contracts until 2028 and an increase of VAT on tourist apartments to 21%. The Government is working on a royal decree agreed upon between PSOE and Sumar that will include proposals “supported by various political forces” throughout the legislature, according to the Executive itself….

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In Spain 24th July 2026

Spanish parliament rejects fiscal path proposed by government

The Spanish parliament has rejected for the second and final time the fiscal path designed by the Government as a necessary prerequisite for drafting the 2027 Budget, which would be the first and also the last of the legislature, given that the country has been operating for three years on the extended 2023 budget approved in 2022 by a different Parliament. The vote yielded the exact same result as the…

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In Spain 23rd July 2026

Spain becomes EU country with the most burned land

Spain is the European Union country with the largest amount of burned land so far this year, exceeding 120,000 hectares, according to updated data from the European Forest Fire Information System (EFFIS). It is followed at a distance by Italy (with 48,000 hectares) and France (with 46,000 hectares). Provisional data from the Ministry for the Ecological Transition and the Demographic Challenge (Miteco) indicated that, up until July 12, fires had…

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In Spain 22nd July 2026

Spain’s trade deficit continues to grow

According to customs data published in the Monthly Foreign Trade Report by the Ministry of Economy, Trade and Enterprise, Spain’s trade deficit widened to €8,245 million in May, representing an increase of €5,702 million compared to the same month last year. This deterioration was mainly driven by a sharp rise in energy imports, against a backdrop marked by higher crude oil prices following disruptions caused by the closure of the…

Plus Ultra

In Spain 21st July 2026

Sánchez: Non Plus Ultra

J. L. R. Zapatero, the former Prime Minister, was thrown under the bus yesterday after being pointed out by his nominee, Julio Martínez, and by the owner of the airline Plus Ultra, for receiving over half a million euros to facilitate the government’s rescue—through SEPI—of the company in the spring of 2021… And for announcing it to them before it was even approved by the Council of Ministers. In respective…

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In Spain 20th July 2026

Spain contributing most to EU population growth thanks to immigration

Reported by the Consejeros Editorial Team A few weeks ago, the General Council of Economists of Spain (CGE) and the Foundation for Applied Economic Studies (Fedea) held a conference dedicated to the impact of migration on the Spanish economy, as part of their series on Structural Issues in the Spanish Economy. Several speakers took part in the session, presenting different papers and perspectives on the topic. Pilar Cuadrado Salinas, a…