April 2024

The data is positive, but there is still a way to go to reach the national average The Canary Islands Institute of Statistics (ISTAC) released data from the Registered Labor Force Survey (EPA) for the first quarter of 2024, showing a 1% increase in the active population in the Canary Islands compared to the previous […]

The business activity falls in February The turnover of Spanish non-financial companies fell 1.9% in February compared to the same month of the previous year, according to provisional data published by the National Institute of Statistics (INE). After eliminating seasonal and calendar effects, the annual growth rate remains negative, standing at -1.9%. However, the original

Slight increase in business confidence in the Canary Islands: sign of recovery or mirage? Business confidence in the Canary Islands experienced a slight increase in the second quarter of 2024, as reported by the Canary Islands Institute of Statistics (ISTAC). The Harmonized Business Confidence Index (ICEA) reached 134.5 points, representing a 0.3% increase compared to

CPI in the Canary Islands: Rises to 3.5% in March, with increases in oils, potatoes, and sheep meat The Canary Islands Institute of Statistics (ISTAC) has reported that the annual variation rate of the Consumer Price Index (CPI) in the Canary Islands stood at 3.5% in March 2024. This represents an increase of four tenths

The ISTAC data confirms the positive trend in the construction sector in Spain The Canary Islands Statistics Institute (ISTAC) published the data for the Building Construction Statistics: Building Works Management Visas. 2024 January, which show a 15.5% increase in the number of building permits for new construction in Spain compared to the same month of

Are you considering buying a home? The National Institute of Statistics (ISTAC) has recently published a graph showing the evolution of the official reference interest rates of the Spanish mortgage market. The graph, which can be consulted on the ISTAC website, offers monthly and annual data on the main mortgage indicators, such as the 1-year

Buy or Rent? Price Divergence in the EU European Union (EU) house prices experienced a slight 0.3% decline in the fourth quarter of 2023 compared to the third quarter, according to data published today by Eurostat. This marks the first time in two years that house prices have fallen, following a period of sustained growth.

Light and shadow in the European labor market The unemployment rate in the eurozone remained stable at 6.5% in February 2024, compared to January 2024, according to data published by Eurostat, the statistical office of the European Union. This figure is below the 6.6% recorded in February 2023. In the European Union as a whole,

The inflation moderates to 2.4% in March The European Union’s statistical office, Eurostat, has released a preliminary estimate showing a decline in the annual inflation rate for the euro area to 2.4% in March 2024. This figure represents a decrease of two tenths compared to the 2.6% recorded in February. Breakdown by components: Services: Expected to

More than 4,500 new Social Security affiliates in the Canary Islands in March The Canary Islands experienced an increase in Social Security affiliation in March 2024, with a total growth of 4,559 affiliates compared to the previous month. The total number of affiliates reached 909,391 people, of which 472,846 are men and 436,545 are women.