Labour market

Industrial production, Spain In November 2019, the Industrial Production Index (IPI) in Spain increased by 2.1% year-on-year, compared with the 3% decline registered in the same month of 2018. This increase is the second largest of the year since the 2.8% increase in January, in a context where the industrial production throughout the Eurozone has … Continued

Tourism, Spain Between January and October 2019, tourist arrivals in Spain increased by 1.1% year-onyear, which is 0.5pp more than the increase recorded in the same period last year, amounting to 74.4 million visitors. Despite this increase, the tourist arrivals from the following main tourist sending countries dropped: • The United Kingdom (22% of the … Continued

Pension expense, Spain In August, the payroll of Social Security contributory pensions in Spain increased by 5.03% per year, reaching 9.68 billion euros per month. Between January and August, it increased at a rate of 6.8% year-on-year, compared with 3.8% in 2018 and 3% in 2017, and 4.5pp above the forecasted growth for the Spanish … Continued

Growth Q1 2019 Spain In Q1 2019, GDP grew by 0.7% quarter-onquarter, its biggest progress since the end of 2017, standing at 2.4% year-on-year, 1.2 pp above the Eurozone average. The contribution of domestic demand to year-on-year growth reduced by 0.3 pp to stand at 2.2 pp, the lowest since Q4 2016. By components: • … Continued

Youth training in Spain must adapt to the needs of the labor market in a more global, interconnected and ever-changing world in which talent is key. The school dropout rate, inefficient career guidance and the mismatch between the education system and business fabric are the main causes of the high level of youth unemployment in … Continued

Quarterly GDP (INE and AIReF) In Q3 2018, Spain’s GDP grew by 2.4% yearon- year (-0.1pp than in Q2 2018), with a contribution of 2.8 points by domestic demand and, for the fifth consecutive quarter, a negative contribution by the external sector, of 0.4 points. In Q4 2018, AIReF maintains its quarterly growth forecast at … Continued

GDP growth In Q3 2018, the year-on-year growth of Spain’s GDP remained stable at 2.5% (0.6% compared with Q2 2018), with a 3pp contribution to growth by domestic demand, and for the fifth consecutive quarter, a negative contribution by the external sector (-0.5pp). The Spanish economy grows with a difference of eight-tenths (0.8) above the … Continued

Signs of slowdown set in for the Spanish economy • GDP In Q2 2018, the Spanish economy expanded by 0.6% quarter-on-quarter, one-tenth less than in Q1, and 2.7% year-on-year, after narrowly exceeding 3% in the last three years. This evolution is explained by the deceleration in private consumption (+0.2% vs 0.6% average in 2017) and by … Continued

Economic growth According to BBVA Research forecasts, Spain’s annual growth will be 2.9% in 2018 (0.4 pp more than the previous estimate). This development is mainly based on a 2.6% annual increase in private consumption, explained in part by the good performance of employment and the increase in real disposable income (2% per year). In contrast, … Continued

Economy at a glance june 2018 Circulo de Empresarios from Círculo de Empresarios

Economic Growth In Q4 2017, the Spanish economy grew by 3.1% year-on-year, reaching a nominal GDP of €1.16 trillion, and retains a favourable gap from the Eurozone average (2.7%). The domestic demand had a contribution of 3.2 points to this growth, 0.2pp more than in Q3 2017, while the foreign sector declined to -0.1 points, … Continued

Asi está the economy January 2018 Circulo de Empresarios from Círculo de Empresarios

SPAIN GDP flash estimate Q3 2017 (INE) In Q3 2017 the Spanish economy grew by 0.8% quarter-on-quarter (in comparison with 0.9% in Q2) and by 3.1% year-on-year, due to the increase in private consumption and investment, especially in the construction sector. The foreign sector gained momentum in a global environment with a more synchronized growth. … Continued

SPAIN Growth After Ireland, Spain is the OECD country whose economy is growing the most. Domestic and international predictions calculate this growth at 3.2% in 2016 and at around 2.4% in 2017 (Eurostat and FUNCAS). Labour market, October 2016 (Ministry of Employment) Unemployment is at its lowest levels in the past seven years. It is now … Continued

Economic activity Global economic growth deceleration in 2015 and slightly recovery in 2016. Minor recovery in developed economies. It remains an uneven improvement path.