The income of Spanish households increased slightly (0.7%), according to official data, while the consumption grew by 2.6%. This indicates that either Spaniards have decided to spend more given the better economic expectations or because they had no other choice but to open their piggy banks.
About the Author
Working for more than 25 years in the world of journalism and communications, Francisco has gained valuable experience at several well-known newspapers such as El Mundo and La Vanguardia. He specialized in economic and financial news before making the leap to the corporate communication sector where he has held several positions: Adviser to the Ministry of Economy, Director of the Bank of Spain’s Communication Department, in addition to his consultancy role at Analistas Financieros Internacionales, where he currently works.