The unstoppable rise of e-commerce in the EU: 77% of users will buy online in 2024

Online shopping continues to consolidate itself as a dominant trend in the European Union. According to the latest annual survey on the use of ICT in households and by individuals, in 2024, 77% of Internet users made purchases or requested services online for personal use. This figure […]
Eurostat Business Cycle Clock (BCC) confirms economic slowdown in the euro area in the fourth quarter of 2024

The Eurostat Business Cycle Clock (BCC) is a tool that illustrates the different phases of the euro area business cycle through a clock-shaped graph. It represents the empirically observed sequence of turning points in economic, growth and acceleration cycles. His instructions are […]
January 2025: Monthly Decrease in Social Security Affiliation, but Annual Growth of 3.4%

The labor market began 2025 with a slight decrease in the average number of Social Security affiliations. According to the latest data, 932,421 affiliations were registered in January, which represents a drop of 8,267 affiliations compared to December 2024. Despite this monthly drop, the year-on-year comparison shows a brighter outlook […]
José Miguel González Hernández presents the Economic Situation report of La Palma corresponding to the 4th quarter of 2024

Last Thursday, February 6, José Miguel González Hernández, Director of Consulting and Commercial Management of Corporación 5, presented the Economic Situation report of the island of La Palma corresponding to the 4th quarter of 2024. The presentation took place at the Teatro Chico in Santa Cruz de La Palma, in a […]
Retail trade closes 2024 with solid growth: Canary Islands lead sales

The General Retail Trade Index (ICM) at constant prices closed December 2024 with a variation of 4.0% compared to the same month of the previous year, evidencing a notable boost in sales. This growth was 3.1 points higher than that recorded in November, consolidating the upward trend of the retail sector in the final stretch […]
Income, consumption and wealth inequalities: Bridging the disparities

Economic inequality is a persistent phenomenon that affects millions of people around the world. It is not only reflected in income, but also in consumption capacity, savings rates and the accumulation of wealth over time. Understanding these dynamics is key to designing strategies […]