Inflation Rises in the Canary Islands in April, Reaching 1.8%

Inflation Rises in the Canary Islands in April, Reaching 1.8%

Inflation in the Canary Islands saw a slight increase in April, with the annual Consumer Price Index (CPI) variation rate reaching 1.8%, according to the latest data published by the Canary Islands Statistics Institute (ISTAC). This marks a two-tenths increase compared to March (1.6%). Despite this rise, the Canary Islands remain below the national average, […]

Canary Islands Increase Foreign Trade in Early 2025 but Maintain a Large Trade Deficit

Canary Islands Increase Foreign Trade in Early 2025 but Maintain a Large Trade Deficit

Imports to the Canary Islands during the first two months of 2025 reached a provisional value of €3.74 billion, representing a 2.8% increase compared to the same period in 2024, according to data from the Canary Islands Institute of Statistics (ISTAC). Exports, on the other hand, totaled €668.02 million, marking a 5.6% rise over January […]

Inflation Eases in the Canary Islands, Below National Average

Inflation Eases in the Canary Islands, Below National Average

The annual variation rate of the Consumer Price Index (CPI) in the Canary Islands dropped to 1.6% in March 2025, which is six tenths lower than in February (2.2%), according to the latest data from the Canary Islands Institute of Statistics (ISTAC). This figure is also seven tenths below the national average, which stood at […]

Business confidence rises slightly in Q2 2025, driven by transport and hospitality

Business confidence rises slightly in Q2 2025, driven by transport and hospitality

Business confidence in Spain has seen a slight 0.1% increase in the second quarter of 2025 compared to the previous quarter, according to the latest data published by the National Statistics Institute (INE). This modest improvement is mainly driven by the transport and hospitality sectors, which posted the highest increase at 1.6%. In contrast, the […]

EU Trade Balance Records a €147 Billion Surplus in 2024

EU Trade Balance Records a €147 Billion Surplus in 2024

In 2024, the European Union’s trade balance for goods closed with a €147 billion surplus, marking an increase of €113 billion compared to the previous year (€34 billion in 2023). Since 2014, the EU has consistently maintained a trade surplus, except in 2022, when soaring energy prices led to a significant deficit. In other years, […]