|  NEWS

Economy

Spain’s economic growth to be “stable and robust”, says minister

Spain’s Economy Minister Carlos Cuerpo has forecast “stable and robust” economic growth for the country averaging over 2% annually through until 2027, likely surpassing its European counterparts.

Economy

Growth in Spain’s manufacturing for fifth straight month

Manufacturing activity increased in Spain for the fifth consecutive month in June, although at a slightly slower pace than recorded the month before.

Economy

Spain’s tourist GDP forecast to grow 5% in 2024

Spain’s economy is forecast to grow by 2.4% this year, according to the latest findings by Caixabank Research, half a percentage point higher than its prior forecast.

Economy

Spain’s economic growth to be “stable and robust”, says minister

Spain’s Economy Minister Carlos Cuerpo has forecast “stable and robust” economic growth for the country averaging over 2% annually through until 2027, likely surpassing its European counterparts.

Economy

Growth in Spain’s manufacturing for fifth straight month

Manufacturing activity increased in Spain for the fifth consecutive month in June, although at a slightly slower pace than recorded the month before.

Economy

Spain’s tourist GDP forecast to grow 5% in 2024

Spain’s economy is forecast to grow by 2.4% this year, according to the latest findings by Caixabank Research, half a percentage point higher than its prior forecast.

Economy

Spain’s inflation rises to 3.6% in May

The National Statistics Institute released Spain's year-on-year inflation report for May on Thursday morning, revealing a rate of 3.6%, matching market expectations, and an increase from April's 3.3%.

Economy

Thousands protest against “mass tourism” in Balearics

Thousands of individuals took to the streets of Menorca and Mallorca over the weekend in opposition to mass tourism and overcrowding.

Economy

Spain’s inflation accelerates for third straight month

Inflation in Spain has accelerated for a third month as the reduction of government support measures aimed at curbing the energy crisis drove prices higher.

Economy

Spain hosts 16.1m international visitors in Q1

Spain welcomed over 16.1 million international tourists in the first quarter of the year, marking a 17.7% increase compared to the same period in 2023

Economy

Fastest growth in Spain's services sector activity since May 2023

Spain's services sector activity grew last month at the fastest pace in nearly a year as robust demand resulted in businesses increasing capacity and recruiting additional staff, according to the findings of a survey published on Monday.

Economy

Protests in Canary Islands over mass tourism

Thousands took to the streets of Tenerife on Saturday, calling for the island to temporarily curb tourist arrivals to limit a surge in short-term holiday rentals and hotel construction that is increasing housing costs for locals. 

Economy

Spanish banks' lending income growth forecast to slow down

Growth in the lending income of Spanish banks is forecast to decelerate this year due to a gradual rise in deposit remuneration, whilst bad loans could increase due to the impact of global geopolitical tensions on the economy

Economy

Spain to scrap golden visa programme

Spain is set to scrap its 'golden visa' scheme that grants residency to foreign property buyers, it was announced by prime minister Pedro Sanchez on Monday.

Economy

Spain’s economic growth to be “stable and robust”, says minister

Spain’s Economy Minister Carlos Cuerpo has forecast “stable and robust” economic growth for the country averaging over 2% annually through until 2027, likely surpassing its European counterparts.

Economy

Growth in Spain’s manufacturing for fifth straight month

Manufacturing activity increased in Spain for the fifth consecutive month in June, although at a slightly slower pace than recorded the month before.

Economy

Spain’s tourist GDP forecast to grow 5% in 2024

Spain’s economy is forecast to grow by 2.4% this year, according to the latest findings by Caixabank Research, half a percentage point higher than its prior forecast.

Economy

Spain’s inflation rises to 3.6% in May

The National Statistics Institute released Spain's year-on-year inflation report for May on Thursday morning, revealing a rate of 3.6%, matching market expectations, and an increase from April's 3.3%.

Economy

Thousands protest against “mass tourism” in Balearics

Thousands of individuals took to the streets of Menorca and Mallorca over the weekend in opposition to mass tourism and overcrowding.

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