February 2025

Online shopping continues to establish 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 purchased goods or services online for personal use. This figure represents a significant increase compared to 59% in 2014, […]

Eurostat’s Business Cycle Clock (BCC) is a tool that illustrates the different phases of the euro area’s economic cycle through a clock-style graph. It represents the empirically observed sequence of turning points in the business, growth, and acceleration cycles. The clock relies on three synthetic indicators: the Growth Cycle Coincident Indicator (GCCI), the Business Cycle

The labor market started 2025 with a slight decline in Social Security enrollments. According to the latest data, the average number of enrollments in January stood at 932,421, reflecting a drop of 8,267 compared to December 2024. However, the year-on-year comparison offers a more positive outlook. Over the past 12 months, enrollments have increased by

On Thursday, February 6, José Miguel González Hernández, Director of Consulting and Commercial Management at Corporación 5, presented the Economic Outlook Report for La Palma Island for the 4th quarter of 2024. The presentation took place at the Teatro Chico in Santa Cruz de La Palma, in an event that brought together prominent representatives from

The General Retail Trade Index (ICM) at constant prices closed December 2024 with a 4.0% variation compared to the same month of the previous year, demonstrating a notable boost in sales. This growth was 3.1 points higher than in November, consolidating the upward trend of the retail sector at the end of the year. Positive

Economic inequality is a persistent phenomenon that affects millions of people worldwide. It is not only reflected in income but also in consumption capacity, savings rates, and wealth accumulation over time. Understanding these dynamics is key to designing strategies that reduce household financial vulnerability and promote more equitable growth. Wealth Accumulation and Savings Flows A