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Tuesday November 29 2016
Spain Inflation Rate Unchanged At Nearly 3-Year High  
Spain's consumer prices are expected to advance 0.7 percent year-on-year in November 2016, the same as in the previous month and beating market expectations of 0.5 percent growth. It was the third straight month of gains and the highest inflation rate since August 2013.
Thursday November 24 2016
Spain GDP Growth Rate Slows to 0.7% in Q3  
The Spanish economy advanced 0.7 percent on quarter in the three months to September of 2016, easing slightly from a 0.8 percent growth in the previous period and in line with preliminary estimate. It was the twelfth straight quarter of growth, but the weakest reading since the fourth quarter of 2014, as household consumption and fixed investment grew at a slower pace while government spending rebounded and net external demand contributed positively. Compared to the same period of previous year, the GDP advanced 3.2 percent.
Monday November 21 2016
Spain Posts Smallest September Trade Deficit in 19 Years  
Spain's trade deficit declined 13.2 percent to €2.23 billion in September 2016 from €2.57 billion a year earlier. It was the smallest trade gap for a September month since 1997, as exports were almost unchanged from the previous year while imports dropped 1.4 percent. In the first nine months of the year, the trade deficit fell 29 percent to €13.23 billion, driven by a 1.2 percent increase in exports, which hit a new record high for that period.
Tuesday November 15 2016
Spain Inflation Rate Confirmed at 0.7% in October  
Spanish consumer prices rose 0.7 percent year-on-year in October 2016, compared to a 0.2 percent rise in September and matching preliminary estimates. It was the second straight month of increase and the highest figure since August 2013, mainly driven by an increase in cost of transport and restaurants, cafes and hotels.
Friday October 28 2016
Spain GDP Expands 0.7% QoQ in Q3  
The Spanish economy advanced 0.7 percent on quarter in the three months to September of 2016, following a 0.8 percent expansion in each of the previous three quarters and in line with market expectations, preliminary estimates showed. It was the 12th straight quarter of growth, but the weakest reading since the fourth quarter of 2014.
Friday October 28 2016
Spain Inflation Rate Rise the Most in Over 3 Years  
Consumer prices in Spain are expected to rise 0.7 percent year-on-year in Octoberber of 2016, following a 0.2 percent rise in September while market expected a 0.3 percent gain. It is the second straight month of increase and the highest figure since August 2013, mostly due to a rise in prices of fuel and electricity.
Thursday October 27 2016
Spain Unemployment Rate at Near 7-Year Low of 18.91%  
The unemployment rate in Spain declined to 18.91 percent in the third quarter of 2016 from 20 percent in the previous three months. Figures came better than market expectations of 19.3 percent, reaching the lowest since the last quarter of 2009 when unemployment was recorded at 18.66 percent. Yet, tourist arrivals hit a record high during the Summer season this year, boosting job hiring mainly in the services sector. However, Spain still has second highest unemployment rate in the European Union after Greece.
Thursday October 20 2016
Spain Trade Gap Narrows 19.9% YoY in August  
Spain's trade deficit dropped 19.9 percent year-on-year to €2.56 billion in August 2016. Exports rose 8.9 percent while imports increased at a slower 4.2 percent. In the first eight months of the year, the trade deficit fell 31.6 percent to €10.9 billion, the second lowest trade gap since 1997. Exports went up 1.3 percent and hit a new record high for that period, while imports rose 1.6 percent.
Friday October 14 2016
Spain September Inflation Rate Revised Down to 0.2% YoY  
Spanish consumer prices increased by 0.2 percent year-on-year in September 2016, after edging lower by 0.1 percent in August, but missing preliminary estimates of a 0.3 percent rise. It was the first gain in 14 months and the biggest increase since May 2014, as cost of hotels, cafés and restaurants rose further, while prices of transport were unchanged and those of housing and utilities fell at a slower pace.
Thursday September 29 2016
Spain Inflation Rate at 2-1/2-Year High  
Consumer prices in Spain are expected to rise 0.3 percent year-on-year in September of 2016, following a 0.1 percent decline in August. It is the first gain in consumer prices in 14 months and the biggest increase since April of 2014.
Thursday September 22 2016
Spanish Trade Gap Narrows 60% YoY in July  
Spain's trade deficit dropped 60 percent to €0.56 billion in July 2016 from €1.40 billion a year earlier, as exports fell 9.1 percent while imports declined at a faster 12 percent. It was the smallest trade gap for a July month since 1985. In the first seven of the year, the trade deficit fell 34.5 percent to €8.4 billion, driven by a 0.5 percent increase in exports, which hit a new record high for that period.
Tuesday September 13 2016
Spain Consumer Prices Drop the Least in 8 Months  
Spanish consumer prices fell 0.1 percent year-on-year in August 2016, following a 0.6 percent drop in July and in line with preliminary estimates. It was the lowest deflation since December last year, as cost of transport and housing decreased at a slower pace while prices rose for leisure activities and miscellaneous goods and services.
Tuesday August 30 2016
Spain Deflation Slows to 0.1% in August  
Consumer prices in Spain are expected to decline 0.1 percent year-on-year in August of 2016, following a 0.6 percent drop in August, preliminary estimates showed. It is the thirteenth consecutive month of no growth in consumer prices although August's decrease was the lowest in eight months.
Thursday August 25 2016
Spain GDP Growth Revised Up to 0.8% in Q2  
The Spanish economy advanced 0.8 percent on quarter in the three months to June of 2016, the same as in the previous three quarters and better than an initial estimate of a 0.7 percent expansion. It is the twelfth consecutive quarter of growth, boosted by household spending, investment and the highest gain in exports in 19 years, final figures showed.
Friday August 19 2016
Spain Trade Gap Narrows 34% YoY in June  
Spain's trade deficit dropped 34 percent to €1.4 billion in June 2016 from €2.0 billion a year earlier, as exports rose 2.1 percent while imports fell 0.9 percent. In the first half of the year, the trade deficit fell 31.4 percent to €7.9 billion, driven by a 2.3 percent increase in exports, which hit a new record high for that period.
Friday August 12 2016
Spain Deflation Eases to 0.6% in July  
Consumer prices in Spain fell 0.6 percent year-on-year in July of 2016, following a 0.8 percent drop in June and in line with preliminary estimates. It is the twelfth consecutive month of no growth in consumer prices although July's decrease was the lowest in six months. While prices of food and non-alcoholic rose at a faster pace, cost of housing and utilities and transport kept falling.
Friday July 29 2016
Spain Deflation Eases Further to 6-Month Low  
Consumer prices in Spain are expected to fall 0.6 percent year-on-year in July of 2016, following a 0.8 percent drop in June, preliminary estimates showed. It is the twelfth consecutive month of no growth in consumer prices although July's decrease was the lowest in six months.
Friday July 29 2016
Spain GDP Expands 0.7% in Q2, Matches Estimates  
The Spanish economy advanced 0.7 percent on quarter in the three months to June of 2016, slowing slightly from a 0.8 percent expansion in the previous three periods but in line with market expectations. It is the twelfth consecutive quarter of growth, preliminary figures showed.
Thursday July 28 2016
Spain Jobless Rate Falls to Nearly 6-Year Low in Q2  
Spain's unemployment rate fell to 20 percent in the three months to June of 2016 from 21 percent in the previous period, beating market expectations of 20.4 percent. It was the lowest reading since the third quarter of 2010, aided by jobs in services and tourism. Still, Spain has the second highest unemployment rate in the EU after Greece.
Thursday July 21 2016
Spain Trade Deficit Narrows 43.2% YoY in May  
Spain recorded a € 940.9 million trade gap in May of 2016, much lower than a € 1657 million shortfall a year earlier as exports reached the highest value on record for a May month. Figures compare with market expectations of a € 800 million deficit. Excluding energy, the country recorded a € 322 million surplus.
Wednesday July 13 2016
Spain Deflation at 3-Month Low in June  
Consumer prices in Spain fell 0.8 percent year-on-year in June of 2016, following a 1 percent drop in May and in line with preliminary estimates. It is the eleventh straight month of no growth in consumer prices although June's decrease was the lowest in three months.
Wednesday June 29 2016
Spain Deflation Slows in June  
Consumer prices in Spain are expected to fall 0.8 percent year-on-year in June of 2016, following a 1 percent decline in May, preliminary estimates showed. It is the eleventh straight month of no growth in consumer prices although June's decrease was the lowest in three months.
Monday June 20 2016
Spain Posts Record Low April Trade Gap  
The trade deficit in Spain narrowed 71.7 percent year-on-year to €0.64 billion in April of 2016, the smallest trade gap on record for an April month. Exports reached a record high for an April month boosted by auto sales while energy products dragged imports down.
Tuesday June 14 2016
Spanish Deflation Rate Confirmed at -1%  
Consumer prices in Spain declined 1 percent year-on-year in May of 2016, following a 1.1 percent drop in April and in line with preliminary estimates. It is the 10th straight month consumer prices post no growth as housing and transport cost keeps falling although at a slower pace.
Monday May 30 2016
Spain Consumer Prices Fall for 5th Straight Month  
Spain's consumer prices are expected to fall 1 percent year-on-year in May of 2016, easing slightly from a 1.1 percent drop in April and marking the fifth straight month of deflation, preliminary estimates showed.
Thursday May 26 2016
Spain GDP Growth Confirmed at 0.8% in Q1  
The Spanish economy advanced 0.8 percent on quarter in the first three months of 2016, the same as in the previous period and matching preliminary estimates. It is the eleventh consecutive quarter of growth, boosted by household and public spending and beating initial market expectations of a slowdown due to political uncertainty after an inconclusive general election in December.
Friday May 20 2016
Spain Trade Gap Lowest Since 2013  
Spanish trade gap narrowed 10.6 percent year-on-year to €0.79 billion in March of 2016, the lowest since July of 2013. Exports fell 3.3 percent and imports declined 3.6 percent. In the first quarter, exports grew 0.2 percent to a record €61.1 million while imports fell 0.7 percent to €66 million.
Friday May 13 2016
Spanish Deflation Rate Confirmed at -1.1%  
Consumer prices in Spain declined 1.1 percent year-on-year in April of 2016, deepening from a 0.8 percent fall in the previous two months and in line with preliminary figures. The country stayed in deflation for the fourth straight month, mainly due to lower prices for holiday packs and electricity, final estimates confirmed.
Friday April 29 2016
Spanish GDP Growth Holds Steady at 0.8% in Q1  
The Spanish economy advanced 0.8 percent on the quarter in the three months to March 2016, the same pace as in the previous period and beating market consensus of 0.7 percent growth, according to preliminary estimates.
Thursday April 28 2016
Spain Jobless Rate Rises to 21% in Q1  
Spain's unemployment rate edged up to 21 percent in the first quarter of this year, up from a 4-1/2-year low of 20.9 percent in the previous period and beating market expectations of 20.75 percent. The number of unemployed rose 0.3 percent on the quarter while employment fell 0.4 percent.
Thursday April 28 2016
Spain Deflation Deepens in April  
Consumer prices in Spain declined 1.1 percent year-on-year in April of 2016, following a 0.8 percent drop in each of the previous two months. It is the lowest figure since February of 2015, preliminary figures showed.
Thursday April 21 2016
Spain Trade Deficit at 7-Month Low  
Spanish trade gap narrowed 13.6 percent year-on-year to €1.76 billion in February of 2016 as exports increased faster than imports. It is the lowest trade gap since July of 2015 and the smallest deficit on record for a February month.
Wednesday April 13 2016
Spain Inflation Rate Confirmed at -0.8% in March  
Consumer prices in Spain decreased 0.8 percent year-on-year in March of 2016, the same as in the previous month and in line with preliminary estimates, final figures showed. It is the third straight month of falls, dragged down by lower prices for housing, fuels and lubricants.
Thursday March 31 2016
Spain Inflation Rate Lower Than Forecasts  
Consumer prices in Spain are expected to fall 0.8 percent year-on-year in March of 2016, the same as in February, preliminary estimates showed. It is the third straight month of deflation and worse than market expectations of a 0.6 percent decline.
Monday March 21 2016
Spain Trade Gap Narrows by 8.1% in January  
Spain's trade deficit decreased by 8.1 percent to €2.39 billion in January of 2016, compared to a €2.6 billion shortfall a year earlier, the lowest January's deficit since 1999. Exports rose by 2.1 percent while imports edged up by 0.8 percent.
Friday March 11 2016
Spain Deflation Deepens in February  
Consumer prices in Spain decreased 0.8 percent year-on-year in February of 2016, following a 0.3 percent fall in January and in line with preliminary estimates. It is the sharpest drop since September 2015, mainly due to falls in prices of housing and transport while food inflation slowed, final figures showed.
Friday February 26 2016
Spain Inflation Rate at 5-Month Low  
Consumer prices in Spain decreased 0.8 percent year-on-year in February of 2016, compared to 0.3 percent fall in the previous month, according to preliminary estimates. It was the sharpest drop since September of 2015, pushed down by fuels and food prices. On a monthly basis, prices went down by 0.3 percent.
Thursday February 25 2016
Spain GDP Growth Confirmed at 0.8% in Q4  
The Spanish economy advanced 0.8 percent on quarter in the last three months of 2015, the same as in the previous period and in line with preliminary figures. It is the tenth straight quarter of growth, final estimates showed. The expansion was mainly driven by consumer spending and gross fixed capital formation while exports rose at a faster pace than imports. Year-on-year, the economy advanced 3.5 percent, bringing full 2015 growth to 3.2 percent, higher than 1.4 percent in 2014.
Thursday February 18 2016
Spain Trade Gap Narrows in December  
Spain's trade deficit decreased by 1.5 percent to €1.79 billion in December of 2015, compared to a €1.82 billion shortfall a year earlier. Exports rose by 4.1 percent while imports went up at a slower 3.7 percent. For the whole 2015, trade deficit reduced 1.2 percent to €24.2 billion, the second lowest since 1998. Imports went up by 3.7 percent to €274.4 billion while exports increased 4.1 percent to the record €250.2 billion.
Friday February 12 2016
Spain Inflation Rate Confirmed at -0.3% in January  
Consumer prices in Spain fell 0.3 percent year-on-year in January of 2016, after being flat in the previous month, final estimates showed. Housing prices decreased at a faster pace while cost of food edged up. On a monthly basis, prices went down by 1.9 percent.
Friday January 29 2016
Spain Inflation Rate Back to Negative Territory  
Consumer prices in Spain fell 0.3 percent year-on-year in January of 2016, after being unchanged in December, preliminary estimates showed. The monthly rate deteriorated further to -1.9 percent, the lowest on record.
Friday January 29 2016
Spain GDP Advances 0.8% QoQ in Q4  
The Spanish economy advanced 0.8 percent on quarter in the last three months of 2015, the same as in the previous period and in line with market expectations. It is the tenth straight quarter of growth, preliminary estimates showed.
Thursday January 28 2016
Spain Unemployment Rate Down to 4-1/2-Year Low  
The jobless rate in Spain declined for the second straight quarter to 20.9 percent in the last three months of 2015 from 21.18 percent in the previous period, reaching a fresh low since the second quarter of 2011. In 2015, unemployment went down 12.43 percent, the biggest decline on record.
Thursday January 21 2016
Spain Trade Gap Widens 19% in November  
Spain's trade deficit increased by 18.9 percent to €1.85 billion in November of 2015, compared to a €1.56 billion shortfall a year earlier. While exports rose by 8.6 percent, imports went up at a faster 9.3 percent.
Friday January 15 2016
Spain Inflation Rate Confirmed at 0%  
Consumer prices in Spain were flat year-on-year in December of 2015, following a 0.3 percent drop in the previous month and matching preliminary estimates. Transport and housing prices fell at a slower pace while cost of food and non-alcoholic beverages rose slightly more.
Wednesday December 30 2015
Spanish Consumer Prices Flat in December  
Consumer prices in Spain are expected to show no growth in December of 2015, following a 0.3 percent drop in the previous month, as cost of fuels and lubricants fell at a slower pace. Analysts had forecast consumer prices to rise slightly by 0.1 percent.
Monday December 21 2015
Spanish Trade Gap Narrows 15.7% in October  
Spain's trade deficit shrank 15.7 percent to €1.89 billion in October of 2015, compared to a €2.24 billion shortfall a year earlier. While exports edged down 0.8 percent mainly due to lower sales of energy products, imports fell at a faster 2.2 percent.
Tuesday December 15 2015
Spain Inflation Rate Confirmed at -0.3%  
Consumer prices in Spain declined 0.3 percent year-on-year in November of 2015, in line with preliminary estimates and lower than a 0.7 percent drop in October. On a monthly basis, consumer prices rose 0.4 percent, slightly above initial estimates of 0.3 percent.
Friday November 27 2015
Spain Deflation Slows in November  
Consumer prices in Spain are expected to fall 0.3 percent year-on-year in November of 2015, the lowest decrease in four months and compared to a sharper 0.7 percent drop in October.
Thursday November 26 2015
Spanish GDP Growth Confirmed at 0.8%  
The Spanish economy advanced 0.8 percent on quarter in the three months to September, matching preliminary estimates and easing from an 8-year high expansion of 1 percent in the previous period, final estimates showed. Consumer and government spending accelerated while gross fixed capital formation slowed and a jump in imports weighted down on growth.
Thursday November 19 2015
Spanish Trade Gap Widens 8.3% in September  
Spain's trade deficit increased by 8.3 percent to €2.57 billion in September of 2015, compared to a €2.37 billion shortfall a year earlier. While exports went up by 1.1 percent boosted by higher sales from the automotive sector, imports rose at a faster 1.8 percent.
Friday November 13 2015
Spain Inflation Rate Confirmed at -0.7%  
Consumer prices in Spain fell 0.7 percent year-on-year in October of 2015, in line with preliminary estimates and lower than a 0.9 percent drop in September. On a monthly basis, consumer prices rose 0.6 percent, slightly below initial estimates of 0.7 percent.
Friday October 30 2015
Spanish GDP Growth Slows to 0.8% in Q3  
The Spanish economy advanced 0.8 percent on quarter in the three months to September 2015, easing from an 8-year high expansion of 1 percent in the previous period and in line with market expectations, according to preliminary estimates.
Thursday October 29 2015
Spanish Deflation Eases in October  
Consumer prices in Spain are expected to decrease by 0.7 percent year-on-year in October of 2015, slowing from a 0.9 percent drop in the previous month, as cost of fuels and lubricants declined at a slower pace.
Thursday October 22 2015
Spanish Trade Gap Highest Since January 2013  
Spain's trade deficit increased by 15.2 percent to €3.19 billion in August of 2015, compared to a €2.77 billion shortfall a year earlier. While exports fell slightly by 0.8 percent due to lower sales of energy products, imports rose by 1.5 percent.
Thursday October 22 2015
Spanish Unemployment Rate at 4-Year Low  
The jobless rate in Spain decreased to 21.18 percent in the third quarter of 2015 from 22.37 percent in the previous period. It is the lowest level since the second quarter of 2011 while employment grew the most since the third quarter of 2006.
Wednesday October 14 2015
Spain Inflation Rate Confirmed at -0.9%  
Consumer prices in Spain decreased for the second consecutive month by an annual 0.9 percent in September, matching preliminary estimates and following a 0.4 percent drop in August. It was the lowest value since February, mostly due to falling electricity and fuel prices.
Tuesday September 29 2015
Spain Inflation Rate at 7-Month Low  
Consumer prices in Spain are expected to drop 0.9 percent year-on-year in September of 2015, falling for the second straight month and posting the deepest decrease since February.
Monday September 21 2015
Spanish Trade Deficit Narrows in July  
Spain’s trade gap decreased by 23.6 percent to €1.40 billion in July of 2015, compared to a €1.83 billion shortfall a year earlier. While exports went up by 8.9 percent reaching its highest value recorded so far, imports rose at a slower 6.4 percent.
Friday September 11 2015
Spanish Inflation Rate Turns Negative in August  
Consumer prices in Spain fell 0.4 percent year-on-year in August of 2015, after rising 0.1 percent in the previous two months and pushed down by transport and electricity cost. Final figures came in line with preliminary estimates.
Friday August 28 2015
Spanish CPI Drops 0.4% in August  
Consumer prices in Spain are expected to decline 0.4 percent year-on-year in August of 2015, down from 0.1 percent growth in the previous two months, as cost of fuels and electricity went down.
Thursday August 27 2015
Spanish GDP Growth Confirmed at 8-Year High  
The Spanish economy advanced 1 percent on quarter in the three months to June, matching market expectations and following a 0.9 percent expansion in the previous period, final estimates showed. Consumer spending was the main driver of growth while government consumption slowed.
Tuesday August 18 2015
Spanish Trade Deficit Widens in June  
Spain’s trade gap increased by 38.5 percent to €2.05 billion in June of 2015, compared to a €1.48 billion shortfall a year earlier. While exports went up by 7.8 percent reaching its highest value for a month of June, imports rose at a faster 9.8 percent.
Thursday August 13 2015
Spain Inflation Rate at 0.1%  
Consumer prices in Spain increased by an annual 0.1 percent in July, from 0.0 percent initially estimated, and remained unchanged from June.
Thursday July 30 2015
Spain GDP Growth at 8-Year High  
The Spanish economy advanced 1 percent on quarter in the three months to June 2015, accelerating from a 0.9 percent expansion in the previous period and in line with market expectations.
Thursday July 30 2015
Spanish Consumer Prices Unchanged in July  
Annual inflation rate is Spain is expected to decrease to 0% in July, following a 0.1 percent in the previous month, mainly due to a fall in cost of diesel and gasoline.
Thursday July 23 2015
Spanish Unemployment Rate Falls More Than Expected in Q2  
The jobless rate in Spain decreased to 22.37 percent in the second quarter of 2015 from 23.78 percent in the previous period as employment grew the most since the second quarter of 2005 and unemployment fell sharply.
Monday July 20 2015
Spanish Trade Deficit Narrows in May  
Spain’s trade gap shrank 5.6 percent to €1.66 billion in May of 2015, compared to a €1.77 billion deficit a year earlier. While exports increased 1.9 percent, imports rose at a slower 1.3 percent.
Tuesday July 14 2015
Spain Inflation Rate Confirmed at 0.1%  
Consumer prices in Spain increased for the first time in 12 months by an annual 0.1 percent in June, matching preliminary estimates and following a 0.2 percent drop in May.
Monday June 29 2015
Prices in Spain Rise for the First Time in 12 Months  
Consumer prices in Spain are expected to grow 0.1 percent year-on-year in June of 2015, up from a 0.2 percent drop in the previous month, as cost of energy and food rose the most.
Thursday June 18 2015
Spanish Trade Deficit Widens in April  
Spain’s trade gap rose to €2.25 billion in April of 2015, up from a €2.15 billion deficit a year earlier. While exports increased 6.5 percent, imports rose at a slower 6.3 percent.
Friday June 12 2015
Spain Inflation Rate Confirmed at -0.2% in May  
Consumer prices in Spain declined 0.2 percent year-on-year in May of 2015 compared to a 0.6 percent drop in April. While cost of transport, communications and leisure activities fell at a slower pace, food and accommodation prices accelerated.
Friday May 29 2015
Spain Deflation Eases in May  
Consumer prices in Spain are expected to fall 0.2 percent year-on-year in May of 2015, up from a 0.6 percent drop in the previous month, mainly due to an increase in energy prices.
Thursday May 28 2015
Spanish GDP Growth Strongest Since Q2 2007  
The Spanish economy expanded 0.9 percent on quarter in the first three months of 2015, following a 0.7 percent increase in the previous period, final estimates showed. Public spending was the main driver of growth while private consumption slowed.
Wednesday May 20 2015
Spanish Trade Deficit at 20-Month Low  
Spain recorded a €0.89 billion trade gap in March of 2015, narrowing from a €2.05 billion shortfall a year earlier. It is the smallest deficit since July of 2013 as exports reached a record high.
Wednesday May 13 2015
Spain Deflation Eases in April  
Spanish consumer prices declined 0.6 percent year-on-year in April of 2015 from a 0.7 percent drop in March, as transport, housing and communications cost fell. It is the tenth consecutive month that Spain reports a deflation.
Thursday April 30 2015
Spanish GDP Beats Expectations in Q1  
The Spanish economy grew 0.9 percent on quarter in the first three months of 2015, compared to 0.7 percent expansion reported in the previous period, preliminary data showed. It is the highest growth rate since the first quarter of 2007.
Thursday April 30 2015
Spanish Deflation Slows  
Consumer prices in Spain are expected to fall 0.6 percent year-on-year in April of 2015, up from a 0.7 percent drop in the previous month, due to an increase in energy prices.
Thursday April 23 2015
Spanish Unemployment Rate Up to 23.78%  
The jobless rate in Spain edged up to 23.78 percent in the first three months of 2015 from 23.7 percent in the previous period, slightly above market expectations. Employment dropped the most on record for the first quarter, leaving the country with the second highest unemployment rate in the European Union.
Monday April 20 2015
Spanish Trade Deficit Widens in February  
Spain’s trade gap rose to €2.04 billion in February of 2015, up 25.6 percent from a year earlier. While exports increased 2.8 percent to its highest on record for a month of February, imports rose 4.5 percent.
Tuesday April 14 2015
Spain Reports Deflation for Nine Straight Month  
Consumer prices in Spain fell 0.7 percent year-on-year in March of 2015 from a 1.1 percent drop in February and matching preliminary estimates. Final figures showed the decline in the cost of fuel and lubricants eased, cost of housing decreased and prices of food and non-alcoholic beverages were higher.
Monday March 30 2015
Spanish Deflation Eases Slightly  
Consumer prices in Spain are expected to fall 0.7 percent year-on-year in March of 2015, less than a 1.1 percent drop in February.
Friday March 20 2015
Spain Reports €2.6 Billion Trade Deficit in January  
Spanish trade deficit decreased by 7.9 percent year-on-year to €2.6 billion in January of 2015, as both exports and imports fell. The contraction was mostly due to calendar effects since there were less working days in January of 2015.
Thursday March 12 2015
Spain Reports Deflation For Eight Consecutive Month  
Consumer prices in Spain fell 1.1 percent year-on-year in February of 2015, slowing from a 1.3 percent drop in January and matching preliminary estimates. Final figures showed the decline in the cost of fuel and lubricants eased while food prices increased.
Friday February 27 2015
Spanish Deflation Slows  
Consumer prices in Spain are expected to fall 1.1 percent year-on-year in February of 2015, less than a 1.3 percent drop in January.
Thursday February 26 2015
Spanish GDP Growth Confirmed at 7-Year High  
The Spanish economy advanced 0.7 percent on quarter in the last three months of 2014, following a 0.5 percent increase in the previous period, final estimates showed. It was the fastest pace since the third quarter of 2007, boosted by domestic demand.
Wednesday February 18 2015
Spain Posts €1.8 Billion Trade Deficit in December  
Spanish trade gap was marginally unchanged at €1.82 billion in December of 2014 from €1.83 billion a year earlier. Exports reached the highest value on record for a December month while imports rose at a faster pace.
Friday February 13 2015
Spain Inflation Rate The Lowest Since July of 2009  
Consumer prices in Spain dropped 1.3 percent year-on-year in January of 2015, from a 1.4 percent fall initially estimated.
Friday January 30 2015
Deflation in Spain Deepens  
Spanish consumer prices are expected to drop 1.4 percent year-on-year in January of 2015, following a 1.1 percent decline in the previous month. It is the highest decrease on record.
Friday January 30 2015
Spanish Economy Grows The Most Since 2007  
The Spanish GDP expanded 0.7 percent in the last three months of 2014 compared to 0.5 percent expansion reported in the previous period. It Is the highest growth rate in seven years.
Thursday January 22 2015
Spanish Unemployment Rate Stable in Q4  
Spain’s jobless rate was recorded at 23.7 percent in the three months to December, marginally up from 23.67 percent in the third quarter. Although the number of unemployed came slightly above market expectations, employment posted the highest gain since 2006.
Friday January 16 2015
Spanish Trade Deficit at 5-Month Low  
Spanish trade gap narrowed 11.6 percent year-on-year to €1.55 billion in November of 2014, as a falling euro boosted exports to countries outside the Euro Area.
Thursday January 15 2015
Prices in Spain Fall Less than Expected  
Spanish consumer prices dropped 1 percent year-on-year in December of 2014, compared with a 1.1 percent fall reported in the preliminary estimates. Still, it is the highest decrease since September of 2009 due to lower energy and food prices.
Tuesday December 30 2014
Spanish Trade Deficit Widens In October  
The Spanish trade gap increased 64.86% to € 2.24 billion in October of 2014 from a € 1.36 billion gap a year before as imports grew at a faster pace than exports.
Tuesday December 30 2014
Prices in Spain Fall the Most Since 2009  
Spanish consumer prices are expected to drop 1.1 percent year-on-year in December of 2014, following a 0.4 percent decline in the previous month. It is the highest decrease since July of 2009 when inflation was recorded at -1.37 percent.
Friday December 12 2014
Spain Falls Further Into Deflation  
Spanish consumer prices fell for the fifth consecutive month by 0.4 percent year-on-year in November of 2014, compared to a 0.1 percent drop in October driven by a fall in fuel and electricity cost. The figure matched preliminary estimates.
Thursday November 27 2014
Spanish Consumer Prices Continue to Fall  
Spanish consumer prices are expected to fall for the fifth consecutive month by 0.4 percent year-on-year in November of 2014, compared to a 0.1 percent drop in October.
Thursday November 27 2014
Spain GDP Growth Confirmed At 0.5% in Q3  
The Spanish economy advanced 0.5 percent on quarter in the three months to September, unchanged from the preliminary estimate and driven by domestic demand.
Monday November 17 2014
Spanish Trade Deficit Narrows in September  
The Spanish trade gap decreased slightly to € 2.37 billion in September of 2014 from € 2.58 billion a year earlier, as exports reached the highest value for a September month.
Thursday November 13 2014
Spanish CPI Drops 0.1% in October  
Spain’s consumer prices remained in the negative territory in October of 2014 for the fourth consecutive month. Cost of goods and services decreased 0.1 percent compared with 0.2 percent drop in September, according to final estimate from National Institute of Statistics.
Thursday October 30 2014
Spain Inflation Rate Falls Less in October  
Spanish consumer prices are expected to drop by an annual 0.1 percent in October, following a 0.2 percent decrease in September.
Thursday October 30 2014
Spanish Economy Posts 0.5% Growth in Q3  
The Spanish GDP advanced 0.5 percent quarter-on-quarter in the three months to September of 2014. Preliminary estimates showed the economy grew for the fifth quarter in a row in line with market expectations but down from a 0.6 percent increase in the previous period.
Thursday October 23 2014
Spanish Unemployment Rate Continues to Fall in Q3  
In the third quarter of 2014, Spanish jobless rate edged down to 23.67 percent from 24.47 percent in the previous period. It is the lowest rate since the fourth quarter of 2011 due to strong job creation in the private sector.
Friday October 17 2014
Spain Trade Deficit Up to 7-Month High  
In August 2014, the Spanish trade deficit widened to € 2.77 billion from a € 1.81 billion gap a year earlier, due to a drop in exports.
Tuesday October 14 2014
Spain Inflation Rate Confirmed at -0.2%  
The annual inflation rate in Spain was recorded at -0.2 percent in September of 2014, matching preliminary estimates. Higher housing prices were not enough to offset a fall in food and transport cost.
Monday September 29 2014
Spain Inflation Rate at -0.2% in September  
Spanish consumer prices are expected to fall by an annual 0.2 percent in September, following a 0.5 percent drop in August. It is the third consecutive month of negative inflation rate.
Wednesday September 17 2014
Spain Trade Deficit Widens 132% in July  
The Spanish trade gap increased to € 1.83 billion in July of 2014 from a € 0.79 billion shortfall a year earlier. Although exports increased to the highest value on record, imports rose at a faster pace.
Friday September 12 2014
Spain Inflation Hits the Lowest Since 2010  
The annual inflation rate in Spain was recorded at -0.5 percent in August of 2014, confirming the preliminary estimates, as a fall in food and transport cost was able to offset higher housing prices. The rate was the lowest since 2010.
Thursday August 28 2014
Spain Inflation Down to Nearly 5-Year Low  
Spanish consumer prices are expected to fall by an annual 0.5 percent in August, marking the second consecutive month of negative inflation rate. It is the sharpest drop in consumer prices since October of 2009.
Thursday August 28 2014
Spain GDP Growth Confirmed at 0.6% in Q2  
The Spanish economy advanced 0.6 percent quarter-on-quarter in the April to June period, unchanged from the preliminary estimate and driven by household spending and investment.
Monday August 18 2014
Spanish Trade Deficit Narrows to 11-Month Low  
Spanish trade gap widened for the fifth straight month to € 1.47 billion in June of 2014 from a € 0.11 billion shortfall a year earlier as import surged and exports declined.
Wednesday August 13 2014
Spanish Inflation Rate Confirmed at -0.3%  
The annual inflation rate in Spain fell 0.3 percent in July of 2014, confirming the preliminary estimates as cost of food and recreation and culture declined the most.
Wednesday July 30 2014
Spain Inflation Rate Falls in July  
Spanish annual inflation rate is expected to fall 0.3 percent in July of 2014, down from a 0.1 percent increase in the previous month mainly due to a drop in electricity prices.
Wednesday July 30 2014
Spain GDP Growth Beats Expectations in Q2  
The Spanish economy advanced at its fastest pace in more than six years in the second quarter of 2014. The GDP expanded a seasonally adjusted 0.6 percent on quarter in the three months to June, up from a 0.4 percent increase in the previous period and driven by domestic demand.
Thursday July 24 2014
Spanish Unemployment Rate Down to 2-Year Low  
Spanish jobless rate fell to 24.47 percent in the three months to June, from 25.93 percent in the previous period. It is the lowest rate since the second quarter of 2012, due to strong job creation in the services sector.
Wednesday July 16 2014
Spanish Trade Deficit Widens in May  
The Spanish trade gap increased to € 1.75 billion in May of 2014 from a € 0.27 billion shortfall a year earlier, hurt by a sharp drop in sales of oil and derivatives.
Friday July 11 2014
Spanish Inflation Rate Confirmed at 0.1%  
Annual inflation rate in Spain edged down to 0.1 percent in June of 2014, from 0.2 percent registered in the previous month, confirming the preliminary estimates. Prices fell further for food and housing.
Friday June 27 2014
Spain Inflation Rate Down to 3-Month Low  
Spanish annual inflation rate is expected to slow for the second consecutive month to 0.1 percent in June of 2014, driven by lower cost of food, non-alcoholic beverages and electricity.
Thursday June 19 2014
Spanish Trade Deficit Up to 3-Month High  
The Spanish trade gap increased for the second straight month to € 2.15 billion in April of 2014 from a € 2.05 billion shortfall in the preceding month, as exports fell more than imports. Compared with the same month of 2013, the trade deficit widened 31.2 percent.
Friday June 13 2014
Spain Inflation Rate Slows in May  
Spanish annual inflation eased slightly to 0.2 percent in May of 2014 from 0.37 percent in April, confirming the preliminary estimates, driven by lower food and non-alcoholic beverages prices.
Friday May 30 2014
Spain Inflation Rate Decelerates in May  
Spanish annual inflation rate is expected to slow to 0.2 percent in May of 2014, driven by lower prices of food and non-alcoholic beverages.
Thursday May 29 2014
Spain GDP Growth Confirmed at 0.4% in Q1  
The Spanish economy advanced 0.4 percent quarter-on-quarter in the first three months of 2014, unchanged from the preliminary estimate. It is the third consecutive increase and the fastest in six years, as a rebound in domestic demand was enough to offset a drop in exports.
Monday May 19 2014
Spain Trade Deficit Widens in March  
Spanish trade gap increase to € 2.05 billion in March of 2014 from a € 1.6 billion deficit in the previous month, as rising exports were not enough to offset a strong pick up in imports. A year earlier, the country posted a € 0.64 billion surplus.
Wednesday May 14 2014
Spain Inflation Rate Accelerates in April  
Spanish annual consumer prices rose 0.4 percent in April of 2014, up from a 0.1 percent fall in the previous month and matching the initial estimates. While housing prices accelerated, transport cost fell at a slower pace.
Wednesday April 30 2014
Spanish Inflation Rate Up to 8-Month High  
Spanish annual inflation rate is expected to accelerate to 0.4 percent in April of 2014, up by 0.5 percentage point from a negative 0.1 percent inflation in March.
Wednesday April 30 2014
Spanish GDP Growth Meets Expectations in Q1  
Spain’s economy advanced 0.4 percent quarter-on-quarter in the first three months of 2014, meeting market expectations and recording the highest growth rate in six years.
Tuesday April 29 2014
Spanish Unemployment Rate Rises Slightly in Q1  
Spain’s jobless rate increased to 25.93 percent in the first three months of 2014, up from a revised 25.73 percent in the previous quarter. The workforce dropped by 187,000 people to 22.884 million and employment also fell.
Wednesday April 16 2014
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Friday April 11 2014
Spanish Inflation Rate Falls Less Than Expected  
Spanish consumer prices fell by an annual 0.1 percent in March of 2014, less than a preliminary estimate of a 0.2 percent drop and compared to a flat reading in February.
Friday March 28 2014
Spanish Inflation Rate Falls to 4-1/2-Year Low  
Spanish consumer prices fell 0.2 percent on the year in March of 2014, according to preliminary estimates. It is the lowest rate since October of 2009.
Friday March 14 2014
Spanish Trade Deficit Narrows in January over a Year Earlier  
In January of 2014, Spanish trade gap decreased 19.5 percent over a year earlier to € 2.81 billion. In contrast, the trade deficit widened 54 percent over December, as imports surged, signaling a recovery in domestic demand.
Wednesday March 12 2014
Spain Inflation Rate Down to 4-Month Low  
Spanish consumer prices stayed flat year-on-year in February of 2014, compared to a rise of 0.2 percent a month earlier and a preliminary estimate of a 0.1 percent fall.
Friday February 28 2014
Spanish Inflation Rate in Negative Territory  
In February of 2014, Spanish annual inflation rate is expected to fall 0.1 percent, preliminary data from the National Statistics Institute showed. It is the first time since October last year prices have fallen.
Thursday February 27 2014
Spanish Q4 GDP Growth Revised Down  
In the last three months of 2013, the Spanish economy expanded 0.2 percent over the previous period, down from a 0.3 percent growth initially estimated. Still, Q4 economic growth was slightly faster than the 0.1 percent expansion recorded in the third quarter.
Friday February 21 2014
Spanish Trade Deficit Narrows 48.1% in 2013  
In 2013, Spanish trade deficit narrowed to € 15.96 billion, as exports hit a new record for the third straight year and imports fell. In 2012, the trade deficit was recorded at € 32 billion.
Friday February 14 2014
Spanish Inflation Slowdown Confirmed in January  
In the first month of 2014, Spain’s annual inflation rate slowed to 0.2 percent, one tenth lower than the rate registered in the previous month. This is the lowest rate for the month of January since the series started in 1961.
Friday January 31 2014
Spanish Inflation Rate Slows in January  
In January of 2014, Spanish national CPI eased to 0.2 percent, down from 0.3 percent in the last month of 2013, remaining well below European Central Bank target.
Thursday January 30 2014
Spanish Economy Accelerates in Q4 2013  
In the fourth quarter of 2013, Spanish GDP expanded at a stronger 0.3 percent over the previous quarter, matching initial estimates released earlier by the Minister of Economy and the central bank. It is the strongest expansion in almost six years, confirming two consecutive quarters of economic growth.
Thursday January 23 2014
Spanish Trade Deficit Widens in November  
In November of 2013, Spanish trade deficit increased to € -1.76 billion, from € -1.36 billion last month and € -1.4 billion a year earlier, as exports shrank, after rising in the previous four months. Yet, considering the first eleven months of the year, the trade deficit narrowed to € -14 billion.
Thursday January 23 2014
Spanish Unemployment Rate at 26% in Q4 2013  
In the fourth quarter of 2013, Spanish unemployment rate rose slightly to 26.03 percent from 25.98 percent in the previous three-month period, confirming Spain as the country with the second largest jobless rate in the EU. However, the number of unemployed persons recorded the highest decrease in five years.
Wednesday January 15 2014
Spanish Inflation Rate Edges Up to 0.3% in December  
In December of 2013, Spanish annual inflation rate slightly accelerated to an upwardly revised 0.3 percent from 0.2 percent in November. December’s figure is the highest in three months, but it is the lowest rate on record for any December month. On a monthly basis, prices slowed to 0.1 percent.
Monday January 13 2014
Spanish Economy Expands 0.3% in Q4  
Spain GDP is likely to grew at its fastest pace in almost six years in the last quarter of 2013, Minister of Economy Luis de Guindos told parliament on January 13th.
Friday January 03 2014
Spanish Inflation Rate Stable At 0.2% in December  
In December, Spanish consumer prices are expected to rise 0.2 percent on an annual basis, the same rate registered in the previous month.
Friday December 20 2013
Spanish Trade Deficit Narrows in October on Rising Exports  
In October of 2013, Spanish trade deficit decreased to €1.36 billion, from €2.6 billion in September and €1.49 billion last year, as exports rose for the third straight month.
Friday December 13 2013
Spanish Inflation Rate At 0.2% in November  
In November, Spain's national consumer prices rose 0.2 percent on an annual basis, after a falling for the first time in four year in October (-0.1 percent).
Thursday November 28 2013
Spanish Inflation Rate Up to 0.2% in November  
In November, Spanish consumer prices are expected to rise 0.2 percent on an annual basis, up from a 0.1 percent decrease in the previous month.
Thursday November 28 2013
Spain GDP Growth Confirmed at 0.1% in Q3  
In the third quarter of 2013, Spanish economy expanded 0.1 percent when compared to the previous quarter and matching the initial estimate.
Wednesday November 20 2013
Spain’s Trade Deficit Narrows in September  
In September, Spanish trade deficit decreased to € 2590 million, from € 3085 million a year ago. The improvement is mainly due to higher sales to Germany.
Wednesday November 13 2013
Spain’s Inflation Rate Confirmed at -0.1% in October  
In October, Spanish national consumer prices declined 0.1 percent on an annual basis, after an increase of 0.3 percent in the previous month. It is the lowest rate since October of 2009.
Wednesday October 30 2013
Spain’s Inflation Rate Lowest in 4 Years in October  
In October, Spanish consumer prices are expected to decline 0.1 percent on an annual basis, after an increase of 0.3 percent a month earlier. Both national and harmonised inflation stood at the lowest level in four years.
Wednesday October 30 2013
Spanish Economy Grows for the First Time in 2 Years in Q3  
In the third quarter of 2013, Spain’s GDP grew 0.1 percent from the previous three months, the first expansion in nine quarters, according to the flash estimate released by the statistical office INE.
Thursday October 24 2013
Spain’s Unemployment Rate Continues to Fall in Q3  
In the third quarter of 2013, Spanish jobless rate dropped for the second consecutive quarter to 25.98 percent, from 26.3 in the previous period, but it is up on an annual basis, from 25.02 percent in the third quarter of 2012.
Wednesday October 23 2013
Spanish Economy Returns to Growth in Q3  
From July to September, Spain’s gross domestic product rose 0.1 percent, according to preliminary data from the Bank of Spain. Although the growth was marginal, it put an end to a recession that lasted more than two years.
Wednesday October 23 2013
Spanish Trade Deficit Narrows in August  
In August, Spain’s trade deficit decreased 42.5 percent to € 1809 million, from € 3145 million a year earlier. This improvement is mainly explained by the significant growth of exports.
Friday October 11 2013
Spanish Inflation Confirmed at 0.3% in September  
In September, Spain's national consumer prices rose 0.3 percent year-on-year down from 1.5 percent in August. Inflation plunged 1.2 points as the effect of a 3 percentage point increase in VAT in September of 2012 no longer affects annual comparisons.
Friday September 27 2013
Spanish Inflation Plunges to 0.3% in September  
In September, Spanish consumer prices are expected to rise 0.3 percent, down from a rise of 1.5 percent in August. It is the lowest rise since November of 2009 and reflects a 3 percentage points VAT tax hike a year ago.
Friday September 20 2013
Spanish Trade Deficit Narrows in July  
In July, Spain's trade deficit decreased to € 787M, down from € 1693M in the same month of the previous year. Exports were up 1.3 percent year-on-year while imports fell 3.0 percent.
Thursday September 12 2013
Spanish Inflation Rate Confirmed at 1.5% in August  
In August, Spain's national consumer prices rose 1.5 percent year-on-year compared to 1.8 percent in July. August inflation is 1.2 percentage points down from 2.7 percent recorded in August of 2012. The slowdown is mainly due to lower price rises for communication, transport and clothing.
Thursday August 29 2013
Spanish Inflation Rate Down to 1.5% in August  
In August, the annual inflation as measured by the CPI is expected to be 1.5 percent, three tenths below that registered in July, according to a flash estimate issued by the National Statistics Institute. In August of 2012, the inflation rate was registered at 2.7 percent.
Thursday August 29 2013
Spanish GDP Confirmed Shrinking 0.1% in Q2  
In the second quarter, Spain's GDP contracted 0.1 percent on a quarterly basis, in line with the flash estimate and after falling by a revised rate of 0.4 percent in Q1. GDP growth continues to be dragged down by investment and consumption, partly offset by rising external demand.
Tuesday August 13 2013
Spanish Inflation at 1.8% in July  
In July, Spain's national consumer prices rose 1.8 percent year-on-year compared to 2.1 percent in June. July inflation is 0.4 percentage points down from 2.2 percent recorded in July of 2012. The slowdown is mainly due to lower price rises for housing, transport and clothing.
Tuesday July 30 2013
Spanish Inflation Rate Down to 1.8% in July  
In July, the annual inflation as measured by the CPI is expected to be 1.8 percent, three tenths below that registered in June, according to a flash estimate issued by the National Statistics Institute. In July of 2012, the inflation rate was registered at 2.2 percent.
Tuesday July 30 2013
Spanish Economy Contracts 0.1% in Q2  
In the second quarter of 2013, Spain's GDP fell 0.1 percent on a quarterly basis. This rate was four tenths higher than that registered in the previous quarter (-0.5 percent) but marks two years of contraction as weak domestic demand keep weighting down the economy.
Thursday July 25 2013
Spanish Unemployment Falls for the First Time in Two Years in Q2  
In the second quarter of 2013, Spain's jobless rate edged down to 26.3 percent from 27.2 percent in Q1 but it is up on an annual basis, from 24.6 percent in Q2 of 2012. Employment increased mainly in the private sector remaining virtually unchanged in the public sector.
Friday July 19 2013
Spanish Trade Deficit Narrows in May  
In May, Spain's trade deficit narrowed to €27.5 million from a deficit of €1.64 billion in April and of €1.93 billion in the same month a year earlier. This reduction is due to rising exports, up 7.3 percent yoy, mainly driven by increasing sales to countries outside the Euro Area.
Friday July 12 2013
Spanish Inflation Confirmed at 2.1% in June  
Spain's national consumer prices rose 2.1 percent year-on-year in June compared to 1.7 percent in May. It is the fastest rise since March, mainly driven by higher fuel and food costs. June inflation is 0.2 percentage points up from 1.9 percent recorded in June of 2012.
Thursday June 27 2013
Spanish Inflation Rate Up to 2.1% in June  
In June, Spanish inflation as measured by the consumer price index is expected to be 2.1 percent, according to the flash estimate issued by the National Statistics Institute. This represents an increase of 0.4 percentage points from the previous month.
Wednesday June 19 2013
Spanish Trade Balance Falls to Deficit in April  
In April, Spain reported a trade deficit of € 160 million, down from a surplus of € 635 million in March but up from a deficit of €3.36 billion in April of 2012. Exports rose 18.6 percent yoy driven by increasing sales to non-Euro Area countries.
Wednesday June 12 2013
Spanish Inflation Rate At 1.7% in May  
Spanish national consumer prices rose 1.7 percent year-on-year in May compared to 1.4 percent in April, according to data from the National Statistics Institute. The inflation rate for May of 2013 is 0.2 percentage points down from 1.9 percent recorded in the same month of the previous year.
Thursday August 08 2013
Spanish Economy Shows Signs of Austerity Fatigue  
In Q1 of 2013, Spanish economy extended recession for the sixth consecutive quarter. The collapse of Spain's real estate market, tax hikes and cuts to public sector lie behind soaring jobless numbers which continue to undermine consumers' and business confidence. Even the strong growth in exports is unlikely to offset deteriorating consumption.
Thursday May 30 2013
Spanish Inflation Rate Up to 1.7% in May  
According to the flash estimate issued by the INE, the annual inflation of the CPI in May 2013 was expected to be 1.7 percent. This indicator provides a preview of the CPI that, if confirmed, would imply an increase of three tenths of its annual rate, since in April this variation was 1.4 percent.
Thursday May 30 2013
Spanish GDP Growth Rate Confirmed at -0.5% QoQ in Q1  
The Spanish economy shrank 0.5 percent in the first quarter on a quarterly basis, as forecast in a flash estimate and after shrinking by 0.8 percent in the fourth quarter of 2012. On an annual basis the economy contracted 2.0 percent, also unrevised from the preliminary release.
Monday May 20 2013
Spain Posts Trade Surplus in March  
In March of 2013, Spain reported a trade surplus of € 0.64 billion from a deficit of €1.5 billion in the previous month and a deficit of €3.2 billion a year earlier. This is the first surplus since records began in 1971.
Wednesday May 29 2013
Spain Economy Continues to Deteriorate  
In the first quarter of 2013, the Spanish economy contracted 2.0 percent yoy and 0.6 percent qoq, deepening its second recession since the collapse of the housing sector. Indeed, tough austerity measures in the form of spending cuts and tax hikes continue to hamper the job market and deteriorate domestic demand.
Tuesday April 30 2013
Spain | Economic Overview | 2013 Q1  
Recent updates for Spain show further deterioration of the economy. In the first quarter of 2013, GDP contracted 0.5 percent quarter-on-quarter and 2.0 percent year-on-year. It has been a sixth consecutive quarter of contraction as austerity measures continue to take its toll. In March, the unemployment rate was recorded at an all-time high of 27.2 percent. To make things worse, consumer confidence is near historic lows and consumer spending reached its lowest level in seven years. On the positive side, in February, the current account deficit was 75 percent down from the same month in a year earlier, due to a lower trade deficit.
Tuesday April 30 2013
Spain Economy Contracts 0.5% in Q1  
The Gross Domestic Product generated by the Spanish economy in the first quarter 2013 registered a variation of -0.5% compared to the previous quarter, according to the flash estimate of quarterly GDP. This rate was three tenths higher than that registered in the previous quarter (-0.8 percent)
Monday April 29 2013
Spain Inflation Rate Down to 1.4% in April  
According to the flash estimate issued by the National Statistics Office, the annual inflation of the CPI in April 2013 was expected to be 1.4 percent. In March this variation was 2.4 percent.
Thursday April 25 2013
Unemployment Rate in Spain Rises to 27% in Q1  
The number of unemployed persons in Spain increased by 237 thousand and stands at 6.20 million. The unemployment rate increased 1.14 percentage point, standing at 27.16 percent, according to a release by the National Statistics Institute.
Friday April 19 2013
Spain Trade Deficit Narrows in February  
In February of 2013, Spanish trade deficit narrowed to €1.2 billion from €3.5 billion in the previous month and from €3.8 billion a year earlier.
Friday April 12 2013
Spain Inflation Rate Down to 2.4% in March  
The annual variation of the CPI stands at 2.4 percent in the month of March, 0.4 percentage points down compared to the previous month. The annual variation of the HICP, in accordance with the Eurostat standards, is 2.6 percent.
Wednesday March 27 2013
Spain Inflation Rate Down to 2.4% in March  
The annual variation of the flash estimate of the CPI stands at 2.4 percent in the month of March. The annual variation of the flash estimate of the HICP, in accordance with the Eurostat standards, is 2.6 percent.
Thursday March 21 2013
Spain Trade Deficit Widens in January  
In January of 2013, the trade deficit widened to €3.5 billion from €1.3 billion in the previous month and from €3.7 billion from a year earlier.
Wednesday March 13 2013
Spain Inflation Rate at 2.8 Percent in February  
The annual change of the CPI for the month of February stands at 2.8 percent, one tenth higher than that registered the previous month. The annual change of core inflation increases one tenth and stands at 2.3 percent. Monthly change of the overall index is 0.2 percent.
Thursday February 28 2013
Spain Inflation Rate at 2.7 Percent in February  
According to the flash estimate issued by the National Statistics Institute, the annual inflation of the CPI in February of 2013 is expected to be 2.7 percent.
Thursday February 28 2013
Spain GDP Growth Rate Revised Down to -0.8 Percent in Q4  
Spanish gross domestic product shrank 0.8 percent in the fourth quarter on a quarterly basis, slightly steeper than the 0.7 percent contraction from the preliminary account, the National Statistics Institute said.
Monday February 25 2013
Spain Trade Deficit Narrows in December  
In December of 2012, exports rose 4.6 percent while imports fell 11.5 percent. The trade deficit shrank 71.6 percent compared to December of 2011 and stood at €1.29 million, its lowest level since December of 1995.
Friday February 15 2013
Spain Inflation Rate Down to 2.7 Percent in January  
In January of 2013, the inflation rate was posted at 2.7 percent, two tenths lower than that recorded in the previous month. The annual rate of core inflation increased one tenth and stands at 2.2 percent. The monthly change of the overall index is -1.3 percent.
Wednesday January 30 2013
Spain Gross Domestic Product Contracts 0.7% in Q4  
According to a release by the National Statistics Institute, the Gross Domestic Product generated by the Spanish economy in the fourth quarter 2012 registered a variation of -0.7 percent, as compared to the previous quarter. This rate was four tenths lower than that registered in the previous quarter (-0.3 percent).
Thursday January 24 2013
Unemployment Rate in Spain Rises to 26% in Q4  
The number of unemployed persons in Spain increased by 187 300 and stands at 5.97 million. The unemployment rate increased 1 percentage point, standing at 26.02 percent, according to a release by the National Statistics Institute.
Tuesday January 22 2013
Spain Trade Deficit Narrows in November  
The Bank of Spain reported a trade deficit for Spain of €1.41 billion in November of 2012, down from €2.67 billion in the same month of 2011.
Friday December 28 2012
Spain Trade Deficit Narrows in October  
The Bank of Spain reported a trade deficit for Spain of €1.49 billion in October of 2012, down from €3.63 billion in the same month of 2011.
Monday December 17 2012
Spain Trade Deficit Narrows in September  
The Bank of Spain reported a trade deficit for Spain of €2.67 billion in September of 2012, down from €4.55 billion in the same month of 2011.
Friday December 14 2012
Inflation in Spain Down to 2.9% in November  
The annual change for the overall Consumer Price Index (CPI) in November was 2.9% six tenths lower than that registered in October, reported the National statistics Institute. Monthly change of the overall index is –0.1% while the annual change of core inflation decreased two tenths and stands at 2.3%.
Friday December 14 2012
Unemployment Rate in Spain Up to 25.02% in Q3  
The number of unemployed persons in Spain increased by 85 000 persons and stands at 5.78 million. The unemployment rate increases 38 hundredths, standing at 25.02% according to a release by the National Statistics Institute.
Friday December 14 2012
Spanish Economy Drops 0.3% in Q3  
According to a release by the National Statistics Institute, Spanish Gross Domestic Product registered a quarter-on-quarter drop of 0.3% in the third quarter of 2012, this rate is one tenth less negative than that recorded the previous period.
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