According to the National Statistics Institute (INE), Spain’s Consumer Price Index (CPI) rose by 0.4% in April compared to March, based on preliminary data. The FactSet analyst consensus had expected a slightly higher CPI increase of 0.6% for the month. On an year-on-year basis (also according to preliminary readings), Spain’s CPI climbed 3.2% in April (down from 3.4% in March), which was also lower than the 3.4% projected by analysts….
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Link Securities | As announced yesterday by ECB analysts, median inflation expectations in the Eurozone for the next 12 months rose in March to 4.0% from 2.5% in February, reaching their highest level since October 2023. Furthermore, March saw the largest monthly increase in this figure since early 2022, when the war in Ukraine began. In March, the conflict in the Middle East, which has led to the blockade of…
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Intermoney | Consumer confidence, for example, rebounded in April against forecasts (rising to 92.8 points from the estimated 89.0). Although the current conditions indicator fell slightly due to the uncertainty caused by the conflict and higher energy prices, at least the six-month outlook offered a more optimistic view (123.8 points compared to the expected 120.0). Households’ outlook improved in particular due to perceptions of the labour market, with the proportion…
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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…
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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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