Articles tagged as: eurozone

January 26th, 2015

Spanish house prices registered an increase of 0.3% in the third quarter of last year (five tenths less than in the previous quarter) when compared to the same period in 2013, according to the data provided by the European Union Statistical Office, Eurostat. Moreover, Eurostat reported that prices in the eurozone ...

Continue reading Europe Also Gives End to Spanish House Price Declines

January 22nd, 2015

Spain registered a 15.9% increase in production in the construction sector in November, over the same month of 2014, the largest increase recorded in the whole of the European Union (EU), according to the EU Statistical Office, Eurostat, and is even higher than the percentage registered in October (+13.9%). The EU ...

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January 13th, 2015

The economic confidence of Spain in December stood at its highest rate since June 2007, before the outbreak of the financial crisis that led to the great economic recession, reaching 105.6 points, compared with 104.2 the previous month, thanks to improvements experienced among consumers, services and the retail trade, according ...

Continue reading Spain’s Economic Confidence Highest Since June 2007

January 12th, 2015

The latest data from the European Union statistical agency, Eurostat, shows that the rate of unemployment in the eurozone in November remained stable at 11.5%, in comparison with the previous month, while in the whole of the European Union (EU) it fell by one-tenth, to 10%. Year-on-year the eurozone unemployment rate ...

Continue reading Eurozone Unemployment Remains Stable at 11.5%

December 24th, 2014

During the month of October this year, construction sector activity in Spain registered a 13.9% increase in production compared to the same month of 2013, according to the European Union statistical office, Eurostat. This percentage corroborates the data of recent months, which placed Spain as a European reference in the ...

Continue reading Construction in Spain Records Highest Production Increase in the Eurozone

December 23rd, 2014

According to recent European Commission forecasts, construction investment will improve in the whole of the European Union (EU) during 2015, after recording average growth of 0.7% in 2014. For next year the growth average is expected to reach 2.4% in the EU, but only 0.7% in the eurozone countries. In 2015, ...

Continue reading Construction Investment in Spain Will Grow by 1.8% in 2015

December 17th, 2014

The European Commission statistical office, Eurostat, reported that employment rose by 0.2% in the eurozone and by 0.3% in the European Union (EU) between July and September, compared with the previous quarter. In the second quarter of the year, employment had risen by 0.3% in both the eurozone and in the ...

Continue reading Eurozone Employment Increased by 0.2% in the Third Quarter

December 15th, 2014

The Foundation of Savings Banks (Funcas) has raised its economic forecasts for Spain, for both this year and next. The lowering of interest rates following additional stimulation measures adopted by the European Central Bank, the steep drop in fuel prices and the reduction of personal income tax, are some of ...

Continue reading Funcas Estimates Growth for Spanish Economy of 2.4% in 2015

December 8th, 2014

According to the second estimate published on Friday by Eurostat, which is in line with Bloomberg’s expectations and confirms the preliminary data published on 14th November, the gross domestic product (GDP) in the eurozone grew in the third quarter of the year by 0.2%, compared with 0.1% in the previous ...

Continue reading Eurozone GDP Rose by 0.2% in Q3

November 25th, 2014

The latest news release from the European Commission’s statistical office, Eurostat, reveals that Spain has become one of the main engines of construction activity in Europe. As has already been the case in several months of this year, production in Spanish construction (residential and civil engineering) was once again the ...

Continue reading Spanish Construction Activity Up 9.1% in September Y-o-Y

November 19th, 2014

According to Eurostat’s flash estimate for the third quarter of the year, the gross domestic product (GDP) of the eurozone grew by 0.2%, compared with the rise of 0.1% in the previous three months, and 0.3% in the first quarter, which places Greece, Slovakia and Spain as the economies with ...

Continue reading Eurozone GDP Grew by 0.2% in Q3

October 21st, 2014

In the first eight months of 2014, exports of Spanish goods grew by 0.9% year-on-year to 157.19 billion euros, which is the highest figure since records began in 1971. In real terms, growth was even higher, at 1.9%, since export prices measured using Unit Value Indices (UVIs) fell by 1%. ​The ...

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October 16th, 2014

According to a recent press release from the European Union statistical office, Eurostat, the price of housing in Spain rose by 0.8% in the second quarter of 2014 compared to the same period last year, which is well behind countries such as Estonia, Ireland and the UK, where the prices ...

Continue reading Q2 Spanish House Prices Up 0.8% YoY

October 13th, 2014

Spanish tourism has enjoyed a good summer, according to Exceltur, the Alliance for Tourism Excellence, who on Thursday shared the Ministry of Industry’s optimism over the sector, following the publication of the foreign tourist arrivals figures, which showed an increase in visitors of 8.8% up to the end of August ...

Continue reading Spanish Tourism GDP Up 2.9% June to September

October 2nd, 2014

The Spanish Government has improved its macroeconomic forecast for Spain and now estimates that GDP will grow by 1.3% this year, instead of the 1.2% previously forecast, and that it will accelerate to 2% in 2015, compared with 1.8% estimated earlier, due to the improvement in both private consumption (+ ...

Continue reading Spanish Government Estimates 622,000 New Jobs by 2015