The Spanish economy experienced a growth of 0.8% in the second quarter, slightly lower than the previous quarter, reveals recent data from the National Statistics Institute. The growth was primarily driven by domestic demand, contributing 0.7 points, with a minor contribution from external demand (including exports and imports) adding 0.1 points. Household consumption saw a … Read more
Spanish economy is projected to experience robust growth in 2024 and 2025, surpassing estimates for the Eurozone, as per the latest report by the Organization for Economic Cooperation and Development (OCDE). The revised forecast indicates a GDP expansion of 2.8% for Spain in 2024, exceeding earlier predictions by 0.1%. Additionally, the outlook for 2025 stands … Read more
Spanish Treasury has achieved success in its latest bond auction, raising 5.561 million euros across different bond maturities, all of which were sold at lower interest rates compared to previous auctions. Most notably, 2.384 million euros were allocated to seven-year bonds, with a reduced marginal yield of 2.701% from the previous 3.135%. Additionally, 1.773 million … Read more
Amidst ongoing shifts in the European financial landscape, the Spanish Treasury recently conducted a successful auction of three and nine-month bonds, attracting significant investor interest despite lowering the yields to levels not seen in over a year and a half. Demand for Spanish debt reached nearly double the amount ultimately issued, reflecting continued confidence in … Read more
Fuel prices in Spain have seen a recent decrease, benefiting the pockets of drivers across the country. The cost of gasoline has dropped for four consecutive weeks, while diesel has experienced a third consecutive increase. Despite this fluctuation, both types of fuel are currently more affordable compared to prices a year ago, although they remain … Read more