Spanish economy

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DBRS affirms rating for Spain at A (high), with stable outlook, in line with other agencies such as S&P

The rating agency considers that the risks to the outlook are balanced, despite downward pressure from external events. The economy continues to grow above the EU average and is supported by funds (NGEU). Weaknesses include the lack of a budget approval since 2023, comparatively low levels of per capita income and a high, albeit declining, public debt ratio. Analysis team’s view: unsurprisingly, the DBRS rating is in line with that…


inflacion precios 1

Preliminary inflation in Spain for May remains at 3.2% amid energy crisis caused by war in Iran

Reported by Consejeros Editorial Team The CPI maintained its year-on-year rate at 3.2% in May and has now been above 3% for three consecutive months amid the energy shock caused by the war in Iran, according to data released on Friday by the National Statistics Institute (INE) and reported by Europa Press. The agency explained that in May’s inflation performance, transport and recreational activities, sport and culture pushed prices up,…


bitcoin bullish

CNMV attempts to bring order to ‘finfluencer’ jungle

The Spanish National Securities Market Commission (CNMV) has reminded financial influencers (‘finfluencers’) that they must be “prudent” when discussing crypto-assets on social media. “You must not use social media to spread false or misleading information about cryptocurrencies. You could be subject to a disciplinary proceeding for market abuse,” notes the newly published guide—‘Finfluencers: How to Act Responsibly’—which aims to help individuals who discuss investment and financial markets understand the implications…


wages

Eurostat: real wages rise only 6% in Spain over last 30 years

These are findings from Eurostat. While in neighboring countries real wages have risen by 27% (France) and 26% (Portugal), in Spain they have only grown by 6% over the last 30 years. This explains why, while the Spanish government boasts that Spain is the fastest-growing country in the Eurozone—driven by half a million immigrants per year, public debt growing at 4.7% annually, and NextGen funds that are not reaching businesses—Spaniards…


Juanma Moreno (PP Andalucía)

PP win 53 seats, almost doubling PSOE’s 28, in Andalusian elections

Yesterday, 64.8% of the 6.8 million Andalusians called to the polls cast their votes, and the victory of the People’s Party (Partido Popular) was incontestable. Securing 1.7 million votes (41.6%) and 53 seats, it ensures that Juanma Moreno, the leader of the Andalusian PP, will remain in the San Telmo Palace for another 4 years. However, their indisputable victory carries a bittersweet undertone, as they dropped 5 seats, meaning they…


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First-quarter growth slows to 0.6%

According to the preliminary estimate released by the National Statistics Institute (INE), Spain’s Gross Domestic Product (GDP) increased by 0.6% in Q1 2026 compared to the previous quarter. This rate was two-tenths of a percentage point lower than that recorded in Q4 2025. In Q1 2026, domestic demand contributed 0.4 percentage points to the quarter-on-quarter GDP growth, while external demand contributed 0.2 points. Breakdown by Demand Aggregates Household final consumption…


inflation board

Inflation rises to 3.2%

According to the National Statistics Institute (INE), Spain’s Consumer Price Index (CPI) rose by 0.4% in April compared to March, based on preliminary data. The FactSet analyst consensus had expected a slightly higher CPI increase of 0.6% for the month. On an year-on-year basis (also according to preliminary readings), Spain’s CPI climbed 3.2% in April (down from 3.4% in March), which was also lower than the 3.4% projected by analysts….


employment offers

Unemployment in Spain up 231,500 in Q1, largest increase since 2013, public employment at record highs

According to data from the Labour Force Survey (EPA) for the first quarter, unemployment rose by 231,500 people, reaching a total of 2,708,600 unemployed. Meanwhile, employment fell by 170,300 people, bringing the total number of employed individuals to 22,293,000, as reported by the National Statistics Institute (INE). This represents the largest increase in unemployment for a first quarter since 2013 and the sharpest decline in employment since 2020. Unemployment Breakdown…


invest in spain summit

75 Companies from 25 Countries at Invest in Spain Summit

The second edition of the Invest in Spain Summit brought together executives from 75 multinational companies from 25 different countries yesterday at Madrid’s Teatro Real. Alongside the Government’s economic and innovation teams, they analyzed investment opportunities in strategic sectors linked to the green and digital transformation, which will continue to be growth engines for the European economy in the coming years. During a luncheon with business leaders, the First Vice…


produccion industrial1

Production prices in Spain rise 3.4% year-on-year in March after falling for four consecutive months

Singular Bank | According to the INE, in March producer prices in Spain rose significantly by 6.5% compared with the previous month (against a fall of 3.0% month-on-month in February). Meanwhile, year-on-year, the PPI rose by 3.4% (against a fall of 6.9% in February), following four consecutive months of decline. By category, the increase in energy prices stood out (7.9% year-on-year), as did that of intermediate goods (0.8%), due to…