Quarterly National Accounts Q1-16

May 26, 2016 In Q1-16, the Spanish market read a quarterly increase of 0.8%. This speed is the same as the one recorded in Q4-15. Year-on-year increase stands at 3.4% vs 3.5% registered in the preceding quarter.

Spanish competitiveness and outside sector: figures and facts

May 23, 2016 (pdf 558 KB) In the year to March 2016, exports rose by 0.2% compared to the same interval of 2015 to €61.1bn, whereas imports fell by 0.7% y/y to €66.0bn. In real terms, exports increased by 2.5% y/y and imports grew by 4.6% y/y. Spain’s trade deficit fell to €4.9bn compared to January-March of 2015 (deficit of …

International Trade Report – March 2016

May 20, 2016 (pdf 1.1 MB) In March exports improved by 3.3% y/y in nominal terms to €22.4bn (+1.6% y/y SA), whereas imports fell by 3.6% to €23.2bn (-1.6% y/y SA). In actual terms, exports fell by 0.2% y/y and imports grew by 5.9% y/y. Spain’s trade balance registered a deficit of €0.80bn, down from a €0.89bn deficit in March …

Long-term auction: 19 May 2016

May 19, 2016 (pdf 93 KB) Three references were sold with a target range of €2 to €3bn. Jan-2019: €1.41bn allotted, 2.75 bid to insure, 0.012% weighted average rate. Jul-2024: €0.56bn allotted, 4.35 bid to insure, 1.157% weighted average rate. Jul-2030: €0.48bn allotted, 3.32 bid to insure, 2.048% weighted average rate. The gross issuance of medium- and long term bonds …

European Commission: suggestion for State-Specific Recommendations 2016

May 18, 2016 The EC has issued four state-specific recommendations (CSR) to Spain to help it enhance its economic performance: (1) Ensure a long-lasting correction of the excessive deficit by 2017, by taking the required structural measures and by using all windfall increases for deficit and debt reduction…; (2) Take additional measures to enhance labour market integration, by focusing on …

Short-term auction (Letras): 17 May 2016

May 17, 2016 (pdf 84 KB) Two benchmarks were sold with a target range of €1.5 to €2.5bn: 3-month Letras: €0.41bn allotted, 5.26 bid-to-cover, -0.394% weighted average rate. 9-month Letras: €1.56bn allotted, 3.66 bid-to-cover, -0.199% weighted average rate.

Consumer Price Index (CPI). April 2016

May 13, 2016 The y/y change of the CPI index stands at -1.1%, three tenths lower than that registered the preceding month. Center CPI falls four tenths up to 0.7%. The harmonized consumer price index (HICP) stands at -1.2% y/y, two tenths lower than that registered in March.