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Tag: Spain

Spain Dec Inflation Unchanged At 3%

Jan 02 2013 08:31:03 in Market

Spain's harmonized inflation remained at 3 percent in December, flash data from the statistical office INE showed Wednesday. The rate also matched economists' expectations. Likewise, inflation based on the consumer price index, stayed at 2.9 percent annually. Read more

Spain Records Current Account Surplus In October; Recession Deepens

Dec 28 2012 14:01:05 in Market

Spain's current account turned to a surplus in October from a deficit a year earlier as shortfalls in the income and current transfers accounts were offset by an improvement in trade, data released by the central bank showed Friday. The current account showed a surplus of EUR865. Read more

EU Says Spain Faces Risk Of Fiscal Stress In Short-Term

Dec 19 2012 07:01:02 in Market

Spain is likely to face a risk of fiscal stress in the short term, originating primarily from the fiscal side, the European Commission said in the latest Fiscal Sustainability Report released Tuesday. Read more

Spain Nov Inflation Falls As Estimated

Dec 13 2012 08:31:06 in Market

Spain's harmonized inflation fell to 3 percent in November, in line with flash estimate, from 3.5 percent in October, final data from the statistical office INE showed Thursday. The harmonized index of consumer prices dropped 0.2 percent from a month ago. Read more

Spain Industrial Output Falls Less Than Expected

Dec 05 2012 08:31:05 in Market

Spain's industrial production declined by calendar adjusted 3.3 percent year-on-year in October, the statistical office INE said Wednesday. Output was forecast to fall 6.4 percent, following a 7.5 percent drop a month ago. Reversing a negative trend, industrial output grew 0. Read more

Spain Unemployment Increases Sharply In November

Dec 04 2012 08:31:02 in Market

Spain's registered unemployed increased for the fourth consecutive month in November, data from the Labor Ministry showed Tuesday. Unemployment rose by 74,296 in November from a month ago or 1.54 percent. In November, registered unemployed totaled 4,907,817. Read more

Spain Nov Inflation Slows More Than Expected

Nov 30 2012 08:31:05 in Market

Spain's harmonized inflation slowed more than expected to 3 percent in November from 3.5 percent in October, flash estimates from the statistical office INE showed Friday. It was forecast to slow to 3.4 percent. Inflation, based on consumer prices, fell to 2.9 percent from 3. Read more

Spain Retail Sales Continue To Decline

Nov 28 2012 08:31:03 in Market

Spain's retail sales continued its downward trend in October, the statistical office INE said Wednesday. Retail sales were down 9.7 percent year-on-year, following a 11 percent drop in the prior month. Sales were forecast to ease by 9.4 percent. Food sales decreased 3. Read more

Spain Bond Sale Exceeds Target

Nov 22 2012 14:31:03 in Market

Spain raised a bigger-than-targeted amount at a bond auction on Thursday at lower costs as investor sentiment improved after the country successful met its funding requirements for this year. Raising funds for next year, the Spanish Treasury sold EUR 3. Read more

Spain Must Urgently Request Bailout, ECB's Coene Says

Nov 15 2012 11:01:08 in Market

Spain should urgently seek an emergency aid, European Central Bank Governing Council member Luc Coene was quoted as saying by Belgian daily De Standaard on Thursday. Read more

Spain Leading Index Recovers In September

Nov 14 2012 09:31:04 in Market

Spain's leading index rose 0.3 percent in September, following a 0.1 percent drop in August, Conference Board reported Wednesday. It was the second gain in the past six months. Despite this month's gain, between March and September, the leading economic index declined 2.1 percent. Read more

Spain Residential Property Transfers Rise Modestly In September

Nov 12 2012 11:01:05 in Market

Registered merchanting of residential properties in Spain increased 0.9 percent on an annual basis in September, data released by statistical office INE showed Monday. Transfers of free dwellings increased 2.9 percent annually, while transfers of protected housing fell by 10. Read more

EU Forecasts Gloomy Outlook For Spain

Nov 06 2012 08:01:02 in Market

The European Commission forecasts Spain's economy to shrink 1.6 percent this year, slightly more than a 1.5 percent fall estimated by the Spanish government, El Pais reported Tuesday. The commission is set to publish its autumn forecast on Wednesday. Read more

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