Spain

In Spain, Relevant News Item 2nd March 2026

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…

In Spain 27th February 2026

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…

In Spain 26th February 2026

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….

In Spain 25th February 2026

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%….

In Spain 20th February 2026

Spain receives 6.7 million international passengers in January, representing annual growth of 5.2%

Alphavalue / Divacons | Spain received a total of 6.7 million international passengers in January, representing an annual growth of 5.2%, according to data from Turespaña. The report highlights that 54.5% of travellers opted for low-cost airlines, an increase of 3.8%, while the remaining 45.5% used traditional airlines, a segment that recorded a higher increase of 6.9%. The European market accounted for the majority of arrivals, while Asia (up 20%)…

In Spain 16th February 2026

Final CPI for January in Spain falls to 2.3% year-on-year compared to preliminary figure of 2.4%

Bankinter | The final CPI for January registered 2.3% year-on-year, down from the preliminary figure of 2.4% and from 2.9% in December. In contrast, the underlying rate remained at 2.6% annually, in line with the preliminary figure and that of December 2025. In month-on-month terms, the overall rate was confirmed at 0.4% down (0.4% preliminary) and the underlying rate at 0.6% down compared to the anticipated 0.5%. Analysis team’s view:…

In Spain 10th February 2026

Electricity demand in Spain rises 3% in 2025 compared to 2.3% in 2024

Alphavalue/ Divacons | Electricity demand in Spain grew by ‘just over 3%’ in 2025, consolidating the upward trend after the 2.3% rebound in 2024, according to projections by the International Energy Agency (IEA). This acceleration will continue with an average annual increase of ‘just under 2%’ between 2026 and 2030, a rate that the agency describes as ‘well above’ the meagre average of 0.4% recorded over the last decade. The…

In Spain 9th February 2026

Spanish industrial production closes 2025 with average increase of 1.3%, marking two consecutive years of growth

CdM | Industrial production rose by an average of 1.3% in 2025 compared to the previous year, according to data from the General Industrial Production Index (IPI) published by the National Statistics Institute (INE). This marks two consecutive years of growth. It also represents the largest increase since 2022. By sector, those with the highest average increase were the manufacture of other transport equipment (5.8%), extractive industries (4.9%) and electricity…

In Spain 4th February 2026

96.8 million tourists visit Spain in 2025, new all-time high and 3.2% up on previous year

Link Securities | The National Statistics Institute (INE), in its Statistics on Tourist Movements at Borders (FRONTUR), reports that Spain received 5.3 million international tourists in December, 0.4% more than in the same month in 2024. In that month, the United Kingdom was the main country of residence of tourists arriving in Spain, with 900,208 tourists and an increase of 0.1% compared to December 2024. France sent 707,513 tourists (8.4%…

In Spain 23rd January 2026

Business confidence rises in Spain by 0.1% ahead of Q1 2026 and compared to Q4 2025, three out of five sectors analysed improve

Link Securities | According to the Business Confidence Indicators (ICE) published by the National Statistics Institute (INE), business confidence in Spain rose by 0.1% in Q1 2026 compared to Q4 2025. In addition, three of the five sectors analysed showed an increase in confidence compared to the previous quarter. Industry shows the largest increase in confidence (1.7%), while Transport and hospitality records the largest decline (a drop of 2.2%). It…

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