August 2024

Annual inflation in the euro area falls to 2.2%. Euro area annual inflation is expected to be 2.2% in August 2024, down from 2.6% in July, according to a preliminary estimate by Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, services are expected to have the […]

Advance indicator of the Consumer Price Index (CPI). August 2024 The annual change in the CPI flash estimate stands at 2.2% in August, six tenths of a percentage point lower than that recorded in July. The annual rate of the leading indicator of core inflation fell by one tenth of a percentage point to 2.7%.

August 2024 The value of imports into the Canary Islands between January and June 2024 is provisionally estimated at a total of 11,241.662 million euros, which would represent an increase of 4.7% over the same period of the previous year. On the other hand, and also provisionally, total exports amount to 2,171.442 million euros and

August 2024 According to Law 2/2015, of 30 March, on the de-indexation of the Spanish economy (BOE 31/03/2015), the INE is responsible for the calculation and monthly publication of the Competitiveness Guarantee Index (GCI). This index establishes a price revision rate consistent with the recovery of competitiveness vis-à-vis the euro area. This rate will be

August 2024 According to the Tourist Expenditure Survey, carried out by the Canary Islands Statistics Institute (ISTAC), 76.5% of tourists who visited the Canary Islands during the second quarter of 2024 do not exclude a destination from their list of options simply because of the existence of a tourist tax. If a tourist tax were

Provisional data June 2024 The General Business Turnover Index (BTI) adjusted for seasonal and calendar effects presented a variation of 2.3% in June with respect to the same month of the previous year. For its part, the original series experienced an annual rate of -2.7%.The seasonally and calendar-adjusted indices showed positive annual rates of change

Service sector statistics In June 2024, the annual variation rate of turnover in the Services Sector stood at 3.3% in the series adjusted for seasonal and calendar effects, as was the case for the national total. In relation to the month of May, the monthly variation of the turnover of the Market Services Sector was

In the EU, GDP increases by 0.3% and employment by 0.2%. GDP growth in the euro area and the EU In the second quarter of 2024, seasonally adjusted GDP increased by 0.3% in both the euro area and the EU compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical

The successful mountain race generates a return of €8.39 for every euro invested, solidifying the Island of La Palma as a premier sports and tourism destination. The Cabildo of La Palma has revealed the economic impact of the latest edition of Transvulcania, one of the most iconic mountain races in the world, which has made

July 2024 The year-on-year variation rate of the CPI in the Canary Islands stood at 2.9% in July 2024, which represents a decrease of two tenths of a percentage point with respect to the previous month’s figure (3.1%). At the national level, this rate takes the value of 2.8%. Oils and fats (30.7%), sheep meat