Eurostat publishes inflation in the euro zone: 2.4% in December 2024

Eurozone annual inflation is expected to reach 2.4% in December 2024, a slight increase from the 2.2% recorded in November 2024, according to estimates published by Eurostat. This increase reflects changes in the main components that influence inflation in the region. Breakdown by Components Between […]
José Miguel González, Director of Consulting and Commercial Management at Corporación 5, assures that the Canary Islands will continue to grow in this new year, but at decelerated rates.

In 2024, the Canary Islands experienced moderate economic growth, still driven by the post-crisis rebound of 2020. José Miguel González explained that, although the year was positive, growth will slow in 2025 due to the structural limitations of the Canary Islands economy, which continues to depend on tourism and public consumption. As for […]
Eurostat publishes data on purchasing power parities (PPP)

Actual individual consumption (AIC) per capita in European Union countries ranges between 70% and 136% of the EU average. These data, based on purchasing power parities (PPP) published by Eurostat. The AIC as an Indicator of Wellbeing The AIC per capita, […]
ISTAC publishes imports in value in the Canary Islands until October 2024, registering an increase of 3.9% compared to 2023

Foreign trade in the Canary Islands continues to show interesting dynamics during 2024. According to provisional data, between January and October of this year, imports amounted to 18,722.449 million euros, which represents an increase of 3.9% compared to the same period of the previous year. On the other hand, exports reached 3,025.852 million euros, […]
INE publishes the Quarterly Labor Cost Survey (ETCL)

Third quarter 2024 Labor cost increases by 4.4% in the third quarter of 2024 The labor cost per worker per month increased by 4.4% in the third quarter of 2024 compared to the same period of the previous year, standing at 3,020.71 euros, according to the latest available data. From this figure, the salary cost increased […]
INE publishes the Quarterly National Accounting of Spain

The Gross Domestic Product (GDP) at current prices grew by 6.8% year-on-year, exceeding the figure for the previous quarter by three tenths. In quarter-on-quarter terms, the increase was 1.3%. The GDP deflator reflected a year-on-year increase of 3.3%, one tenth more than the previous quarter, while the quarter-on-quarter rate increased by 0.5%. In […]
INE publishes Consumer Price Index (CPI) and Harmonized Consumer Price Index (IPCA)

Evolution of the CPI in November: complete analysis The general Consumer Price Index (CPI) registered an annual rate of 2.4% in November, which represents an increase of six tenths compared to the previous month. Main factors that drove the annual rate: Housing: Annual variation of 7.4%, increasing 3.2 points compared to October. This increase […]
EUROSTAT publishes employment rate increases and labor market activity decreases in the third quarter of 2024

In the third quarter of 2024, the employment rate of people aged between 20 and 64 in the EU stood at 75.9%, an increase of 0.1 percentage points (pp) compared to the second quarter of 2024. The slack in the labor market - which includes those with […]
EUROSTAT publishes Total market production decreased in September 2024

In September 2024, total market production decreased by 0.6% in the EU and 0.7% in the euro area compared to the previous month. The Total Market Production Index (TMPI) is a composite indicator that combines four short-term business statistical indicators that cover most of […]
INE publishes the Statistics on Mortgage Foreclosures (EH)

Third quarter 2024. Provisional data The number of registrations of certifications for mortgage foreclosures initiated in the property registries in the third quarter of 2024 was 4,121, which represented an increase of 22.8% compared to the same period of the previous year. Foreclosures on homes of individuals decreased by 1.5%. Between […]