Spanish Economy News
21 March 2016
There aren’t many fashion stores that can compete with Primark in terms of cheap prices, in all fairness. However, that has not stopped a number of Spain’s most popular brands from having a go in...
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17 March 2016
Up until only recently, I had never eaten in a Subway restaurant. Despite the fact that Subway has been around for years, and so have I! In fact, the fast-food sandwich franchise is one of the...
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16 March 2016
Inditex, the mother company of popular high street brands such as Zara, Bershka and Oysho, and its founder and owner, Spain’s richest man and the second richest man in the world, Amancio Ortega,...
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16 March 2016
The price of fuel and energy has been reduced gradually over the last year. It didn’t feel like that long ago that the price of a gas bottle was at its highest of approximately 17 euro. However, with...
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15 March 2016
According to the National Statistics Institute (INE) consumer prices dropped 0.8% last month when compared to prices of consumer items from February 2015. This has been a tendency for the last two...
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10 March 2016
Ryanair’s Chief Commercial Officer David O'Brien announced earlier this week that the popular low-cost airline would be reducing its prices by 6% from April, and for the next quarter, as a direct...
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10 March 2016
You would think that with Inditex, mother company of fashion brands such as Bershka, Zara and Stradivarius, selling its wares in shops all over the globe – 88 countries, to be precise – that it would...
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03 March 2016
Consumer Confidence Drops 4 Points Due to Poor Future Outlook
Consumer confidence fell 3.9 points in February from the previous month due to the poor outlook on the current economic and political situation in Spain, and also due to the lack of confidence in the...
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03 March 2016
According to a report published by the National Statistics Institute, which has studied socioeconomic data in order to calculate and measure the standard of living in 109 Spanish cities, the poorest...
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02 March 2016
Inditex Succumbs to Fitness Fever and Launches Zara Sport
It has been one of the last major fashion brands to jump on the bandwagon, but finally Inditex has succumbed to the latest fashion trend and is about to launch its own range of fitness wear. The new...
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02 March 2016
Construction Closed 2015 with Best Quarter in Three Years
The construction sector in Spain contributed a total of 80,055 million euro to Spain’s GDP during the last quarter of 2015, which, according to the National Statistics Institute, is the highest...
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01 March 2016
Tourism Rises 11% Annually in January
According to the National Statistics Institute, Spain received a total of 3.5 million international tourists in January this year, which is 11.2% more than for the same month in 2015. The majority of...
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