Spain public debt reaches 96.6% of GDP in July
Spanish public administration debt fell by €12.7 billion in July to €1.040 trillion
Spanish economy
Spain real estate investment moving towards pre-crisis levels
Deutsche AWM | Capital is moving beyond Madrid and Barcelona. Yields continue to fall and are now close to historical lows. Positive yield impact is to have run its course mostly by end-2016.
Moody’s: Spain property market recovery gives banks a breather
The recovery in Spain’s property market is good news for the country’s banks as it will provide a boost for the economy as a whole, while helping reduce the “toxic” real estate assets on the lenders’ balance sheets, says the rating agency.
Spanish CPI goes back to negative numbers
Cheaper oil and electricity pushed prices down by 0.3% in August compared to the previous month. In year-on-year terms, prices dropped by 5 basis points or 0.4%.
Economic growth continues but slows in Q3
BBVA Research maintains its assessment on the recovery of activity in 2015, with expected growth of 3.2%, slowing to 2.7% in 2016.
Political uncertainty over upcoming elections weighs on Spanish stock market
The proximity of the regional elections in Catalonia, due to take place at the end of this month, combined with the uncertainty over the results of this process and its consequences, is leading foreign and many domestic investors to reduce their exposure to the Spanish stock market.
Spain consumer confidence reaches new record high in August
Consumer confidence in Spain rose to a record high of 105.9 in August from 105.6 in July, due to the improved evaluation of the situation affecting households and the labour market.
Encouraging prospects for real estate in Spain
By Félix Lores Juberías and Ignacio San Martín at BBVA Research | Housing sales, which grew by approximately 8%, were shored up by increased lending, the upturn in employment and better consumer confidence.
Spanish households debt down to 2006 levels
Household debt declined 1.2% to 733.24 billion euros in July compared to June, reaching August 2006 levels, according to the Bank of Spain.
Spain unemployment rises in August, but drops by 8% in last 12 months
As usually happens in the month of August, unemployment in Spain rose due to the end of the summer season. The jobless rate climbed by 21,679 people and social security affiliations declined by 134,289. But the unemployment rate decreased by 8% on a year-on-year basis.