Feeding the masses: Spain’s food price crisis
FIRST the good news: In Spain, at least, we can still find the food we want to buy. Over in the UK, a shortage of
ECB boss brings little cheer for people in Spain on variable-rate mortgages
THE president of the European Central Bank(ECB) has offered little respite for over four-million households in Spain that are struggling to pay their variable-rate mortgages.
Inflation rate in Spain is on the up again as electricity bills and food and drink get more expensive
Inflation is still stalking the Spanish economy as the latest data puts price increases from February last year at an annualised rate of 6.1%. This
Major international ceramics showcase returns to Spain’s Valencia after two-year absence
SPAIN’S biggest ceramics producing region- the Valencian Community- is highlighting the sector in the return of the annual Cevisama fair. The event in Valencia was
Spain’s Mallorca plays host again to one of the country’s biggest fairs
ONE of Spain’s biggest fairs- the Ram fair- returns to Mallorca this Friday and runs until April 16. Son Fusteret in Palma will once again
Spain raises minimum wage, in move that could benefit 2.5 million people
SPANISH Prime Minister Pedro Sánchez announced on Tuesday that his government would once again raise the national minimum wage, the fifth time his Socialist Party-led
What caused inflation in Spain to rise above market forecast this month
Inflation rose to 5.8% across Spain in January, much above the market forecast. The preliminary figure was up from 5.7% in December 2022, a 13-month
Spain’s economy grew faster than expected in 2022 to beat recession fears
SPAIN’S gross domestic product grew by 5.5% in 2022 despite the global economic crisis which has caused rocketing prices. Figures released on Friday by the
Number of bankers in Spain earning over a million euros grew from 128 to 221 in 2021
THE NUMBER of bankers in Spain who earn more than €1 million a year grew considerably in 2021, to a total of 221. This is
Spain’s inflation rate was 5.7% in December
SPAIN’S inflation rate for December was 5.7%- a tenth lower than in provisional figures announced a fortnight ago by the National Institute of Statistics. The
Gap between wage rises and inflation hit nearly 6% in Spain in 2022
SALARIES suffered badly in Spain last year with wage increases well below the high rate of inflation. Figures released by the Ministry of Labour on
EXPLAINER: A guide to Spain’s big January fashion sales
JANUARY is always the time when clothes shoppers in Spain can pick up a bargain in the big sales. Once Friday’s Three Kings holiday is
New car sales in Spain plunge to nine-year low
NEW car sales in Spain have plunged to a nine-year low due to rising costs and logistical issues. Just 813,396 new vehicles were sold in
Who is eligible for the government’s new €200 cash giveaway in Spain and how to claim it
A NEW anti-crisis plan has been approved that includes a one-time payment of €200 for cash-strapped families. The Social Shield initiative is aimed at families
Animal shelters in Spain’s Malaga alarmed by increase in number of abandoned animals due to soaring inflation
RISING inflation means people are having to give up pets they can’t afford, animal shelters say. According to local animal shelters, everything related to products
Pedro Sanchez suspends taxes on essential food products in Spain’s latest anti-inflation package
PRIME Minister Pedro Sanchez has announced details of Spain’s latest ‘anti-crisis’ package to fight inflation in 2023. The measures were agreed at Tuesday’s meeting of
Quieter check outs as food purchases drop by 9% over a year in Spain
FOOD shoppers in Spain are cutting down on purchases due to the rising cost of produce. Figures from the Ministry of Agriculture, Fisheries, and Food
EXPLAINER: Why Spain’s 20 cents per litre fuel discount is nearing the end of the road
SPAIN’S 20 cents per litre fuel bonus- introduced in April- is likely to be scrapped on December 31. The measure was brought in to counter
Spain’s PM Pedro Sanchez considering measures to cut basic food prices
PRIME Minister Pedro Sanchez says he’s looking at containing food price rises as part of a new anti-crisis package to be implemented at the end
Truck drivers group launch strike in Spain over inflation but disruption described as ‘minimal’
A group of mainly self-employed truck drivers and small haulage companies have gone on indefinite strike in Spain. The National Platform in Defence of Transport
Spain’s clothes stores cutting back on big Black Friday bargains as purchases fall and costs rise
CLOTHES sales in Spain went up by 4.2% in October compared to a year earlier but that was close to half of September’s rise. Fashion
Alarming statistic shows families struggling to afford life in Mallorca
More than 30% of people living on the Balearic Islands cannot afford to live there, according to new research. An Economic and Social Council (CES)
Explainer: The Spanish government’s latest tax plans
With regional elections approaching, governments in Spain’s autonomous regions have recently been announcing tax cuts, mostly for the wealthy and some for lower-income households. According
Home repossessions in Spain fall for first time in nearly two years
HOME repossessions in Spain caused by mortgage payment defaults have fallen for the first time in nearly two years. Figures released on Wednesday by the
Spain looks to introduce low-cost shopping basket containing up to 30 basic foods
A senior government minister wants to set the price of up to 30 basic foods to create a low cost shopping basket. Labour and Social
Spain’s inflation rate shows surprise small fall in August
INFLATION in Spain stood at 10.4% in August- a 0.4% drop on July’s rate according to figures released on Tuesday by the National Institute of