spain inflation

spanish GDP

Spain’s Headline Inflation Jumped To 2.2% In April (1.3% In March), The Highest Rate Since October 2018

Luís Pinheiro de Matos (Caixabank Research) | Headline inflation rebounded to 2.2% in April (1.3% in March). The figure is above CaixaBank Research’s forecast (1.6%). On the other hand, core inflation moderated to 0.0% (0.3% in March), a rate not seen since 2014. The new high in inflation can be explained entirely by the performance of energy prices, while the underlying components have not yet shown signs of recovery.

electricity prices

Spain CPI Soars 1 Percentage Point In March To 1.3%, Its Highest Level In Almost Two Years

The Consumer Price Index (CPI) rose by 1% in March compared to the previous month, taking it to 1.3%, almost 1.5 points higher than in February (0.0%), according to preliminary data published today by the National Statistics Institute (INE). With this upturn, with which the annual CPI marks its third consecutive positive rate, inflation climbs to levels unseen for almost two years. In fact, such a high CPI rate had not been reached since April 2019, when it stood at 1.5%.

mercado de navidad

Spanish GDP growth in 4Q (0.4% t / t) validates the 2019 slowdown

BBVA Research | At the end of the year, the Spanish economy could register three quarters in a row of 0.4% growth t / t, below the growth observed since the beginning of the recovery (0.7% t / t, on average). In this context there is a stabilization of job creation, a volatile composition of demand and low inflation.

spain torito

Spanish GDP grows 0.4%, slowest in three years

The Spanish economy grew 0.4% in the second quarter, one tenth less than in the previous quarter and also a tenth less than advanced at the end of July. It is the lowest rate of quarterly growth in three years, according to the National Accounts published this Monday by the National Institute for Statistics (INE).

Tourism spending in Spain

Spain’s inflation takes off thanks to Easter tourism

The Consumer Price Index (CPI) in Spain rose 1% in April compared to the previous month and raised the yoy rate by two tenths to 1.5%, its third consecutive increase since February and its highest level since last November, according to the definitive figures published this Tuesday by the National Institute of Statistics (INE), which coincide with those advanced at the end of last month.

Worker in cargo

Spanish PMI: Manufacturing new order growth accelerates

The Corner | May 4, 2015 | For the past 17 months, operating in the Spanish manufacturing sector has been easier (more output and new orders were registered), thanks to an increasing client demand, according to the last PMI data released by Markit, although the firm’s indicator posted 54.2 in April, down fractionally from the reading of 54.3 in March. 

Portugal crisisTC

Spain and Portugal are the Eurozone countries at most risk of “prolonged low inflation”

MADRID | The Corner | Internal demand is recovering within the euro area, activity is getting back on track and experts believe that companies are about to start investing, hiring more workers and boosting consumption. However, credit flow, the production gap and unemployment are still major challenges. Analysts at Cortal Consors think that Spain and Portugal are the Eurozone countries most at risk of a “prolonged period of low inflation or mild deflation.”