The Spanish economy grows 0.7% in the first quarter, driven by domestic demand

Exports and imports grow at a moderate pace Spain's Gross Domestic Product (GDP) experienced a growth of 0.7% in the first quarter of 2024 compared to the previous quarter, according to seasonally adjusted data from the National Institute of Statistics (INE). This rate remains similar to that registered in the last quarter of 2023. The […]

Business activity falls in February, according to the INE

Business activity falls in February The turnover of Spanish non-financial companies experienced a drop of 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 rate of […]

Business confidence in the Canary Islands rises slightly in the second quarter of 2024

Slight rebound 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, according to the Canary Islands Institute of Statistics (ISTAC). The Harmonized Business Confidence Index (ICEA) reached 134.5 points, which represents an increase of 0.3% in […]