Business News & Financial News

Spanish economy 23rd October 2025

Car Production in Spain Falls 5.2% Through September (1.7 Million Units)

The Spanish Association of Automobile and Truck Manufacturers (Anfac) reports that vehicle production in Spain grew by 8.8% year-on-year in September, reaching 223,468 units. This specific increase is due to the low production recorded in September 2024, caused by the adaptation of some factory production lines to accommodate new electric models, which led to production falling below usual levels that month. In the accumulated figure through September (9M2025), vehicle production…

European economy, In Europe 22nd October 2025

Eurozone current account surplus at €13 billion in August, compared to €25.3 billion in same month in 2024

Link Securities | According to the European Central Bank (ECB), the Eurozone current account surplus stood at €13 billion in August, compared to €25.3 billion in the same month of the previous year. In August, the goods surplus fell to €8 billion from €17.1 billion in August 2024, while the primary income surplus fell to €2 billion from €5 billion. Similarly, the secondary income deficit widened in August to €15…

In the World 23rd October 2025

UK CPI stagnates at 3.8% year-on-year in August, giving Bank of England some breathing space

Intermoney | The British CPI stagnated from August to September, while the year-on-year reading remained unchanged at 3.8% annually (compared to the 4.0% increase forecast by analysts) thanks to the decline in food and services. Similarly, the core CPI was lower than expected, falling by one tenth of a percentage point to 3.5% annually. Breaking down the report, food prices gave us the biggest surprise on the downside. It was…

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

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