Public debt

SPAIN National Accounts (INE) In Q3 2017, the Spanish GDP recorded a year-on-year growth of 3.1%. It is worth noting the growth of domestic demand (2.7 points vs. 2.3 in Q2), while external demand shrank from 0.8 points in Q2 to 0.4 in Q3. Looking at the individual components of domestic demand, the final consumption … Continued

SPAIN Exports, January-September 2015 Exports of merchandise to September reached 186,261.1 million euro, with an increase of 4.4% year-on-year (Ministry of the Economy). Imports also increased, 3.9%, to 204,903.1 million euro, thus confirming the recovery of internal demand. The trade deficit was reduced by 1.1% (to 18,642 million euro). The non-energy balance had a surplus of 2,034.1 million euro (vs. 10,704 million the … Continued

SPAIN Registered unemployment Unemployment dropped in May by 117,985 persons (-34,160 persons in seasonally adjusted terms), the largest decline ever for this month, to 4,215,031 people out of work. The year-on-year average decline (-7.82%; -357,354 persons) was also the largest ever. During this month 1,573,293 new contracts were signed (+7.9% year-on-year). Full-time permanent contracts increased … Continued