Spain’s Q3 GDP expanded 0.3% from previous quarter – final data
(Reuters) – Spain’s gross domestic product growth slowed down slightly in the third quarter, though it showed more resilience than in neighboring countries, final data showed on Friday. The economy expanded 0.3%…
Spain’s industrial prices rise 7.8% year-on-year in February
(Reuters) – Spanish industrial prices rose 7.8% in February from the same month a year earlier, the same pace as a revised 7.8% in January and the slowest in almost two years,…
Spain’s GDP expands 5.5% in 2022 in line with preliminary estimate
(Reuters) – Spain’s gross domestic product grew by 5.5% in 2022, official data showed on Friday, confirming a preliminary estimate released in January. Spanish GDP in the last quarter of 2022 grew…
US unit of Spain’s ACS to build EV battery plant for Panasonic in Kansas
MADRID (Reuters) – A joint venture between the U.S. unit of Spanish engineering group ACS and Philadelphia-based Yates Construction has won a contract to build an electric vehicle (EV) battery plant in…
Spain’s February jobless rises 0.1% from January to 2.91 million
(Reuters) – The number of people registering as jobless in Spain rose by 0.1% in February from a month earlier, or by 2,618 people, leaving a total of 2.91 million people out…
Spain’s inflation resumes upward trend, rises to 6.1% in February
(Reuters) – Consumer prices in Spain resumed their upward trend, rising 6.1% year-on-year in February, a faster pace than the 5.9% during the 12 months to January, and above the 5.7% expected…
Spain’s public debt-to-GDP ratio falls 5 percentage points in 2022 to 113.1%
MADRID (Reuters) – Spain’s public debt-to-GDP ratio fell by more than 5 percentage points in 2022, the steepest decline ever, to 113.1% after the ratio had gained more than 20 percentage points…
Spain’s 12-month inflation up to 5.9% in January
(Reuters) – Spanish consumer prices rose 5.9% in the 12 months through January, up from 5.7% in the period through December, pushed up by, among other things, higher fuel and lubricant prices…
Factbox: Steelmaker Celsa puts Spain’s new insolvency law to test
By Jesús Aguado and Chiara Elisei Spain’s largest private industrial group, Celsa, is putting a new insolvency law to the test with creditors and family owners unable to agree on how to…
Analysis-Italy promotes short-term job market, shunning Spain’s example
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Marta Pizza, a 26-year-old swimming instructor, has worked at a Rome sports centre for the last two years earning 8.50 euros per hour…
Spain’s 2023 tourism revenue seen 5% higher than before pandemic
MADRID (Reuters) – Revenue from tourism companies in Spain is likely to be 4.7% higher this year than in 2019, before the COVID-19 pandemic ravaged the sector, industry group Exceltur said on…
Spain’s November industrial output falls 1.1% year-on-year
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output fell 1.1% year-on-year in November, official data from the country’s National Statistics Institute (INE) showed on Wednesday. Industrial output in November was 3.2% lower…
Spain’s ride-hailing Cabify plans IPO within 12-15 months -El Confidencial
MADRID (Reuters) – Spanish ride-hailing app Cabify plans to list its shares on the stock market within 12 to 15 months, local news website El Confidencial reported on Tuesday citing unidentified sources…
Spain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after rising 1.0% in October, the National Statistics Institute (INE) said on Thursday.…
Colombia awards infrastructure project worth $674.5 million to Spain’s Sacyr
BOGOTA (Reuters) – Colombia’s government on Wednesday awarded a project worth 3.25 trillion pesos ($674.5 million) to Spanish engineering firm Sacyr for reconstructing and maintaining the Dique Canal, the National Infrastructure Agency…
Spain’s labour market resilient as unemployment drops in Nov
MADRID (Reuters) -Unemployment fell and net jobs were created in November in Spain, official data showed on Friday, reflecting strength in the labour market despite a slowing economy. The figures follow other…
Spain’s inflation to remain at around 7% until year end, minister says
MADRID (Reuters) – Spanish Economy Minister Nadia Calvino said on Tuesday she expects the 12-month inflation rate to remain at around 7% until the end of this year and will likely start…
Spain’s Jan-Sep trade deficit widens four-fold on energy prices
MADRID (Reuters) – Soaring energy prices pushed Spain’s trade deficit in the first nine months of the year to widen four-fold from the same period a year earlier, to 53.44 billion euros…
Spain’s 12-month inflation down to 7.3% in October
(Reuters) – Spanish consumer prices rose 7.3% year-on-year in October, down from 8.9% in the period through September, final data released by the National Statistics Institute showed on Tuesday. Analysts polled by…
Spain’s GDP growth likely to top government outlook of 4.4%, finance minister says
MADRID (Reuters) – Spanish Economy Minister Nadia Calvino on Monday said “everything points out” that the country’s gross domestic product in 2022 will grow above the 4.4% rate predicted in the government’s…
VW’s SEAT says is optimistic in finding solutions on Spain’s subsidy offer
MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday he is “optimistic” in finding “solutions” with national and regional authorities regarding the subsidy offer it received to build…
Spain’s unemployment rate rises edges up to 12.67% in Q3
(Reuters) – Spain’s unemployment rate crept up to 12.67% in the third quarter from 12.48% the previous quarter while overall employment also increased, data from the National Statistics Institute showed on Thursday.…
Volkswagen to rake in almost half of Spain’s EV subsidies
MADRID (Reuters) – Volkswagen’s Spanish subsidiary SEAT will rake in almost half of the nearly 900 million euros ($888 million) in government subsidies allocated for electric vehicle development, Spain’s Industry Ministry said…
Spain’s banks seek extending lifespan of mortgages for vulnerable households
By Jesús Aguado MADRID (Reuters) – Spanish lenders are open to extending loan repayments for vulnerable households that experience a rise of at least 30% in variable mortgage costs, three sources with…
Spain’s August industrial output rises 5.5% vs 5.4% in July
(Reuters) – Spain’s seasonally and calendar-adjusted industrial output rose 5.5% year-on-year in August, official data from the country’s National Statistics Institute (INE) showed on Thursday. INE revised up the year-on-year figure for…
Four bodies recovered, 29 missing from boat rescued off Spain’s Canary Islands
LAS PALMAS, Spain (Reuters) – The bodies of four migrants, who died on the Atlantic Ocean in an inflatable dinghy with 34 people on board, and a survivor were brought to Spain’s…
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