Category: spain

The Spanish National Statistics Institute (INE) has released its latest report on export and import price indices for industrial products (IPRIX-IPRIM) in June 2023. The report shows a decline in both indices compared to the previous month, indicating a challenging economic situation. Key Findings for June 2023: Annual Variation by Product Category: The decline in…

According to the latest report by the Spanish National Statistics Institute (INE), the number of tourist stays in non-hotel accommodations decreased by 3.0% in June 2023 compared to the same month in 2022. However, the total number of overnight stays since January has grown by 9.1% and is 7.4% higher than the same period in…

The latest release of the quarterly National Accounts for Spain indicates that the country’s Gross Domestic Product (GDP) experienced a modest variation of 0.4% in the second quarter of 2023 compared to the previous quarter in terms of volume. This growth rate is a tenth lower than the one recorded in the first quarter. The…

Spain’s hotel industry experienced a significant surge in June 2023 as per the latest report on the Hotel Tourism Situation (CTH). Pernoctaciones, which refers to overnight stays in hotel establishments, increased by 3.3% compared to the same month in 2022. Moreover, hotels achieved an average billing of €112.52 per occupied room, demonstrating a remarkable growth…

According to the latest press release on the annual labor cost survey, the total cost per worker in Spain during 2022 amounted to 34,286.05 euros gross, representing a 4.2% increase compared to the previous year. The annual gross salary per worker reached 25,353.22 euros, marking a 4.6% rise from 2021 and accounting for 74.0% of…

In 2021, the Information and Communication Technology (ICT) sector in Spain continued to expand, demonstrating resilience amidst challenging times. According to the latest press release on ICT indicators for 2021, the total turnover of ICT companies reached an impressive €110.2 billion, marking a notable growth of 3.5% compared to the previous year. The number of…

According to the latest data released by the National Institute of Statistics of Spain, the activity indicators of the service sector in May 2023 show a slight growth in business turnover. When seasonal and calendar effects are removed, there is a monthly variation of 0.4%. In annual terms, the growth rate stands at 1.0% in…

https://www.ine.es//dyngs/INEbase/es/operacion.htm?c=Estadistica_C&cid=1254736176802&menu=ultiDatos&idp=1254735976607

In 2021, 10.1% of individuals who had some form of relationship with the Social Security system in Spain had an officially recognized disability. Among them, 77.0% solely received a contributory pension from the Social Security system at some point during the year. This percentage is 56.2 points higher than that of individuals without disabilities. Additionally,…

The latest Quarterly Labour Cost Survey conducted by the Spanish Ministry of Labor and Employment (ETCL) reveals a substantial rise in labor costs for companies during the first quarter of 2023. The data shows that the average labor cost per worker per month reached €2,897.87, representing a notable increase of 6.2% compared to the same…

In the first quarter of 2023, Spain witnessed a 1.2% increase in the cost per hour worked, taking into account calendar and seasonal adjustments. The adjusted annual rate of change in the cost per hour worked reached 3.3%, while the original series recorded a growth of 3.6%. These figures indicate positive trends in Spain’s labour…

Spain’s services sector continued to exhibit positive performance in March 2023, as indicated by the latest Services Sector Activity Indicators (SSAI) released by the authorities. The turnover index in the Market Services Sector, after adjusting for seasonal and calendar effects, experienced a slight decline of -0.2% compared to the previous period. However, the annual growth…

The Industrial Production Index for March 2023 shows a monthly variation of 1.5% when seasonal and calendar effects are eliminated. The annual rate of the index stands at 4.5% in the series adjusted for seasonal and calendar effects and 5.3% in the original series. Capital goods showed the highest annual variation of 12.6% in the…

The Industrial Production Index in Spain increased by 1.5% in March 2023 after seasonal and calendar effects were removed. The annual rate of the Industrial Production Index is 4.5% when adjusted for seasonal and calendar effects, and 5.3% in the original series. The Capital Goods sector experienced the highest annual variation in the original series…

The latest press release reports that international tourists visiting Spain in March 2023 spent a total of 6,657 million euros, an increase of 31.1% compared to March 2022. The average daily expenditure increased by 6.6% to 168 euros, while the average length of the trip decreased by 5.45% to 7.56 days.

The Quarterly National Accounts of Spain for the first quarter of 2023 show a 0.5% increase in GDP volume compared to the previous quarter, with a 3.8% year-on-year increase. The COVID-19 pandemic and the Russian invasion of Ukraine continue to impact the economy and employment, posing challenges in measuring the current situation accurately. The contribution…