The Canary Islands ended the first quarter of 2026 with positive trends in the main economic indicators for the tourism sector. This is according to a report compiled by Corporación 5, Análisis y Estrategias for EXCELCAN and the Gran Canaria Chamber of Commerce.
On Friday, 31st October, CEOE-Tenerife and Corporación 5 presented the report on the economic situation in the Canary Islands for the third quarter of 2025. The report was presented by Pedro Alfonso, president of CEOE-Tenerife, and José Miguel González, director of consulting and commercial management at Corporación 5. Link to news:https://ceoe-tenerife.com/canarias-tropieza-con-sus-viejos-fantasmas-productividad-talento-y-burocracia/ For further information, access
The 8th International Starlight Meeting kicked off this week in the city of Soria, consolidating its position as the leading event for professionals, institutions and astro-tourism enthusiasts linked to the Starlight Foundation. For three days, the province becomes the epicentre of star tourism, with a programme that combines science, sustainability and local development. The opening
The VIII International Starlight Meeting starts in Soria with an eye on the 2026 eclipse Read More »
Cooperation between the Canary Islands and Africa is at a decisive moment. A new report, prepared with the participation of Corporación 5, highlights that vocational training is a strategic tool to move towards more effective, two-way collaboration adapted to the current challenges of the region. The African continent, despite facing challenges such as political instability and
José Carlos Francisco Díaz, President of Corporación 5, participated in the Multisectoral Round Table organised by the Spanish Institute of Financial Analysts to discuss how to overcome the main obstacles and boost the growth of the Spanish economy. José Carlos has committed to reducing barriers to SMEs and rebalancing spending towards public investment, which has
The EU economy and the eurozone grow by 0.3% in the first quarter, driven by consumption and exports The economies of the eurozone and the European Union (EU) grew by 0.3% in the first quarter of 2024, according to preliminary estimates published today by Eurostat, the EU’s statistical office. This growth is mainly due to
GDP up by 0.3% and employment up by 0.3% in the euro area Read More »
Unemployment in the Canary Islands reaches 2008 levels with a drop of 1,400 people in May Figures from ISTAC reveal that registered unemployment in the Canary Islands stood at 166,064 people in May 2024, the lowest since 2008. This reduction is due to a series of monthly decreases since April 2022, when unemployment fell below
The registered unemployment decreased by 1,400 people in the month of May Read More »
HiperDino: A Cornerstone of the Canary Islands Economy HiperDino, the leading supermarket chain in the Canary Islands and the only 100% regional one, consolidates its position as an economic and social driver of the archipelago. With a contribution of 2.58% to the GDP of the Canary Islands in 2023, the company becomes a key player
HiperDino contributes 2.58% to the GDP of the Canary Islands Read More »
Expectations turn less positive he latest figures from Eurostat, the statistical office of the European Union, paint a mixed picture of the eurozone and EU economy. While there are positive signs in terms of growth, production and employment, expectations for the future are becoming less positive. Key points: Inflation stabilized: The inflation rate as measured
Inflation in Spain continues its upward trend The annual rate of change of the Consumer Price Index (CPI) in the Canary Islands experienced a slight decrease in April 2024, standing at 3.3%, two-tenths lower than the figure for the previous month (3.5%). This figure matches the national average, which also stood at 3.3%. Despite this
The annual variation of the CPI in the Canary Islands stands at 3.3% in April 2024 Read More »
