Economy

Spain’s central bank has lowered its economic growth forecasts for the country in 2024 and 2025 due to the effect of increasing energy costs that also led the bank to hike its inflation forecasts for 2023 and 2024.

posted on 20.09.2023

Economy

A total of 10.01 million visitors arrived in Spain in July, according to data published by the National Institute of Statistics (INE).

posted on 05.09.2023

Economy

Spain’s tourism sector is booming, with nearly 10.3 million visitors arriving in the country in July this year, an 11.5% rise compared to 2022.

posted on 23.08.2023

Economy

The unemployment rate in Spain declined in the second quarter of this year to 11.60%, a 15-year low, down from 13.26% in the previous three months.

posted on 28.07.2023

Economy

The latest figures published by the National Statistics Institute (INE) show Spain’s gross domestic product edged up 0.6% in the first three months of the year,

posted on 26.06.2023

Economy

Large businesses and the wealthy in Spain should pay more taxes and help towards building a fairer economy, said the labour minister and Sumar party leader, Yolanda Díaz.

posted on 15.06.2023

Economy

Spain forecasts a higher number of tourist arrivals this summer than pre-pandemic levels after international tourist arrivals in April were 1.2% higher than the same month in 2019, according to the country’s tourism minister.

posted on 02.06.2023

Economy

​​​​​​​The Spanish economy is forecast to grow almost 2% this year, surpassing the central bank’s most recent forecast of 1.6%, according to Bank of Spain Chief Economist Angel Gavilan,

posted on 11.05.2023

Economy

Spain's tourism industry is forecast to post record revenue this year for the second consecutive year, despite high inflation, according to the Exceltur tourism association.

posted on 21.04.2023

Economy

​​​​​​​Banks in Spain have "strong capital and liquidity positions" and have shown resilience during market tensions, according to central bank governor Pablo Hernández de Cos during an interview published on Tuesday.

posted on 22.03.2023

Economy

Spain assuming the EU Council presidency in July could generate “new momentum” for European Trade Policy, especially in relation to trade agreements with Mexico, Chile and Mercosur.

posted on 16.03.2023