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Spanish economy 30th October 2026

Retail sales record their largest decline in nearly four years in September (-1.6%)

Retail trade sales recorded a year-on-year decrease of 1.6% in September, their largest drop in nearly four years—specifically since November 2022—according to data released this Thursday by the National Statistics Institute (INE). With this year-on-year drop, which widens the contraction experienced in August by 0.5 percentage points, retail sales have now logged three consecutive months of negative rates. Within the retail sector, food product sales fell by 0.3%, while sales…

In Spain

At least 68 dead in second rail tragedy in nine months

Spanish economy

Unemployment has risen back above 10% as the public sector added 90,000 workers in a single quarter, exceeding 3.7 million.

Spanish economy

Spain: Population facing severe deprivation increases from 7.4% to 8.1% over a decade, while the European average drops to 6.3%

Spanish economy

770,000 employed people are left in poverty after paying for housing

In Spain 19th October 2026

State-backed companies are the main beneficiaries of NextGen funds, receiving €12 billion

State-owned and state-backed companies have become the largest beneficiaries of Next Generation EU funds at the close of the Recovery Plan, receiving a total of €12 billion. Many of them, moreover, compete directly with private companies. This figure represents more than 15% of the €80 billion allocated to direct non-repayable grants under the plan, and nearly 40% of the €32 billion awarded to large companies and joint ventures (UTEs). The…

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