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Economy

Spanish retail sales grow at slowest pace since June 2024

Although falling spending on both food and non-food items has contributed heavily to this dampened figure in November, Spain still saw strong consumer goods spending in the third quarter of the year.

Economy

Spain's manufacturing growth for November hit by Valencia flooding

Although manufacturing growth in Spain rose at a slower rate in November because of flooding, it was still above the key 50 level. Turkish manufacturing demand inched up but German and French figures failed to offer seasonal cheer.

Economy

French and Spanish inflation dips below 2% fuelling rate cut hopes

Lower-than-expected inflation is fuelling bets for the ECB to keep cutting the benchmark interest rate in October.

Economy

Spanish inflation drops to over one-year lows on cooling food prices

Productivity, however, continues to be weak, compared with the average across the EU, with the issue having worsened over the past 10 years or so.

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Travel News

Spain overtourism: Why are villagers blocking zebra crossings?

In northwestern Spain, villagers blocked zebra crossings to protest too many tourists - but ended up causing a huge traffic jam.

Economy

Spanish economy bucks European trend with signs of growth

There has been an increase in household spending, and most key sectors saw robust growth on the supply side.

Economy

Inflation in Spain rises to 3.6% in May driven by the cost of housing

Inflation rise in Spain: housing costs, transport and fuel price rises are the main drivers. However, the price of food and non-alcoholic beverages dropped in May 2024.

Economy

Why unemployment in Spain is rising and what's being done to cap it?

The abundance of temporary contracts, as well as low productivity, have both contributed to unemployment levels spiking in the first quarter of the year.

Economy

Spain's economy expands: Why is it outperforming its European peers?

Spain's Gross domestic product (GDP), the measure of value created through the production of goods and services, expanded 0.6% in the fourth quarter of 2023 from the previous quarter.

Business

Spanish stocks hit six-year high: Will summer keep up the momentum?

The Spanish stock market has surged to its highest point since January 2018. Despite historical summer volatility, positive economic indicators and attractive valuations suggest potential resilience ahead.

Economy

Why is Spain struggling with increasing unemployment?

Spain’s unemployment inched up by 2.2% (60,404 people) in January as the country continues to deal with lower productivity.

Economy

Spain's PM Sánchez calls for inclusive and sustainable EU in Davos

At Davos, Spain's Prime Minister Pedro Sánchez articulated his vision for a unified Europe, highlighting his country's economic resilience and commitment to democracy and environmental sustainability. He also stressed support for Ukraine and advocated for a federal European Union.

Economy

Spanish economy shows resilience as exports boom

Spanish exports exceeded €319.86 billion from January to October, an all-time high, according to government statistics released on Monday.

Economy

Germany and Spain see service sector growth despite wages challenge

Euronews Business looks at why the German services sector has performed better than expected in November and what’s holding the Spanish one back.

Economy

Spain sees better-than-expected post-COVID growth

The revisions are due to new economic data and the difficulty in measuring economic activity in "such exceptional circumstances" as the COVID-19 pandemic, according to the INE.

World News

Flying north for summer? How heatwaves are changing European holidays

Does the classic Mediterranean summer holiday have a future?

Food and Drink

Spain: Restaurants forced to bump up price of popular set menu

The restaurant industry has been badly hit by soaring energy costs, at a time when many businesses are still recovering from the COVID-19 crisis.

Real Economy

How billions from Europe's recovery fund are set to transform Spain's economy

In partnership with The European Commission

Real Economy heads to Spain, the first country in the EU to receive billions of euros from the bloc's pandemic recovery fund.

Spain

Spain passes landmark labour reform, unlocking EU billions

The new employment rules limit most temporary contracts to a maximum of three months and bring back collective bargaining with unions as the main way of negotiating pay and conditions.

Spain

Spain launches national trial of four-day work week

Alba Herrero is a waitress in La Francachela restaurant in Madrid and currently works four days a week, which has allowed her to study to become a teacher.