Economy… at a glance May 2021

Service Sector Activity Indicators By Autonomous Community, the increases in turnover in Castilla-La Mancha (31.8%), Castilla&León (30.9%) and Galicia (30.8%) stand out Regarding employment, the biggest decreases were in the Balearic Islands (12.3%) and the Canary Islands (8.6%). Industrial Prices Index (IPRI) Temporary employment * in Spain Flash composite PMI index of total activity In … Continued

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Economy… at a glance March 2021

Foreclosures In Q4 2020, foreclosures increased 109.9% year-on-year to 3,018, maintaining the upward trend which began in Q3 (+82% year-on-year). In 2020 as a whole, after 5 years of consecutive decreases, foreclosures on main residences increased 37.4%, reaching 7,367, the biggest increase since records began in 2014. Industrial production In January 2021, industrial production registered … Continued

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Economy… at a glance February 2021

Industrial production, Spain In 2020, after six consecutive years of growth, the industrial production index (IPI) recorded an average yearly decrease of 9.1%. This is the biggest fall since 2009 when production slumped 16.2% at the height of the financial crisis. The reduction, which was especially intense between March and June, is a partial reflection of … Continued

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Economy… at a glance January 2021

Industrial production, Spain In November 2020, the industrial production index (IPI) fell 3.8% year-on-year against a 1.6% increase in the same month in 2019. By sectors, all showed negative rates except intermediate goods (1.2% year-on-year). Production in the energy sector also fell 7.8% year-on-year, capital goods 7.1% and consumer goods 3.6%. By Autonomous Community, the … Continued

Economy… at a glance december 2020

Mortgages, Spain In September, the number of mortgages approved on properties increased 18.4% year-on-year (26,878 mortgages), making it the highest figure since December 2019 (+44.8%). On the other hand, the average amount fell 1% year-on-year (to €135,035), while the capital loaned increased 17.2% yearon- year (reaching €3.629 billion in September). The average interest rate was … Continued

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Economy… at a glance July-August 2020

Economic outlook, Spain In 2020, the Independent Authority for Fiscal Responsibility (AIReF) forecasts that Spanish GDP will be between -10.1% in the best-case scenario (compared to a preliminary -8.9%) and -12.4% (compared to -11.7%) in the worst case. This will depend on the duration of the pandemic, and its capacity for the recovery of economic … Continued



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