The Spanish Economy
Markit Services PMI. August 2015 (September 03, 2015)
Growth of activity remains strong in August: The headline seasonally adjusted Business Activity Index was little-changed in August, posting 59.6 from 59.7 in July. Activity has now risen in each of the past 22 months.
Long term auction: 3 September 2015 (September 03, 2015 - pdf 150 KB)
Four references were auctioned with a target range of €4.5 to €6.0 bn. Jul-2020: €1.82bn allotted, 2.24 bid to cover, 1.05% weighted average rate. Oct-2025: €2.22bn allotted, 1.75 bid to cover, 2.128% weighted average rate. Oct-2044: €0.88bn allotted, 2.17 bid to cover, 3.217% weighted average rate. Nov-2024 €i: €0.99bn allotted, 1.63 bid to cover, 1.173% weighted average rate. The gross issuance of medium- and long-term bonds stands at €110.1bn (77.5% of the projected figure for the year).
Labour Market: Social Security covered workers. August 2015 (September 02, 2015 - pdf 58 KB)
In the month of August, Social Security system contributors decreased by 134,289 persons (-0.78%, m/m). In seasonally adjusted terms, Social Security contributors decreased by 13,982 persons. Versus a year earlier, the annual increase in recorded affiliation is 531,378 (3.19% y/y).
Labour Market: Registered unemployment. August 2015 (September 02, 2015 - pdf 65 KB)
In the month of August, registered unemployment increased by 21,679 persons (0.54%, m/m). In seasonally adjusted terms, registered unemployment decreased by 5,723 persons. Versus a year earlier, the annual fall in registered unemployment is 359,975 (-8.13% y/y).
Markit Manufacturing PMI. August 2015 (September 01, 2015)
Further solid improvement in health of manufacturing sector: The SA PMI index posted 53.2 in August, down from 53.6 in July. Operating conditions have now improved in each of the past 21 months.
Retail Trade Index (RTI). July 2015 (August 28, 2015)
The monthly change of the RTI stands at 1.3% (SA) vs -0.8% m/m the previous month. The y/y change of the index stands at 4.1% (SA) and at 4.2% (original series).
- Weekly Economic Bulletin (August 28, 2015)
Quarterly National Accounts Q2-15 (August 27, 2015)
In Q2-15, the Spanish economy registered a quarterly growth of 1%. This rate is 0,1pp higher than that recorded in Q1. Year-on-year growth stands at 3.1% vs 2.7% registered in the previous quarter.
Consumer Price Index (CPI). July 2015 (August 13, 2015)
The y/y change of the June CPI index stands at 0.1%, the same figure than that registered in the previous month. Core CPI rises two tenths up to 0.8%. The harmonized consumer price index (HICP) stands at 0.0% y/y, 0.0%, thus it remains unchanged as compared with June.
Industrial Production Index (IPI). June 2015 (August 07, 2015)
In June, the m/m change of the Industrial Production Index stood at 0.4% (SA). The y/y change of the IPI stood at 4.5% in SA terms and at 7.5% in the original series.
Council of Ministers: Government approves General State Budget for 2016 (August 04, 2015 - pdf 23 KB)
On 31 July the Council of Ministers approved, for submission to Parliament, the Draft Law on the General State Budget for 2016
Labour market: Economically Active Population Survey (EAPS) Q2-15 (July 23, 2015)
In Q2-15, employment increases by 411,800 persons. In the last 12 months, employment increases by 513,500 persons, the y/y change in employment was +2.96%. The number of unemployed persons decreases by 295,600 in Q2-15. In the last 12 months, unemployment decreases by 473,900 persons, the y/y change in unemployment was -8.43%.
Spanish Economy Report (June 2015) (July 17, 2015)
The Spanish Economy: recent developments and prospects,
(August 2015 - pdf 1.2 MB)
Stability Programme 2015-2018 (Summary presentation)
(April 2015 - pdf 583 KB)
National Reform Programme 2015 Executive Summary
(April 2015 - pdf 251 KB)