Labour Market: Registered unemployment. October 2024 Key Points: Registered unemployment in Spain increased by 0.1% in October 2024 to reach 2,922,334 people. The number of unemployed increased by 3,339 over the month, with women accounting for 62.5% of the total. In year-on-year terms, registered unemployment fell by 5.4%, representing a reduction of 167,254 people. The … Read more
Short-Term Auction (Letras): November 5, 2024 Introduction On November 5, 2024, the Spanish Treasury will hold a short-term auction (letras) of government debt with maturities of 3 months, 6 months, 9 months, and 12 months. The auction will be conducted through the Bank of Spain’s electronic platform. Auction Details Issuance Volume: The target issuance volume … Read more
Banco de España: Financial Stability Report. Autumn 2024 Executive Summary The Spanish economy is facing a number of challenges, including rising inflation, a widening current account deficit, and a high level of public debt. The Banco de España’s Financial Stability Report warns that these challenges could pose a risk to financial stability. Key Findings Inflation … Read more
Banco de España – News and events does not show any article on 2024-11-05 09:00 titled “Concurso Generación €uro: 78 equipos clasificados para la segunda fase”. Therefore, I cannot write a detailed article on this news item. Concurso Generación €uro: 78 equipos clasificados para la segunda fase The AI has provided us with the news. … Read more
Banco de España: Financial Stability Report – Autumn 2024 Date: November 5, 2024 Source: Banco de España Summary: The Banco de España published its Financial Stability Report for Autumn 2024, assessing the macroeconomic outlook, financial system risks, and policy recommendations for maintaining financial stability. Key Findings: Economic Growth: The report projects moderate economic growth in … Read more
Financial Stability Report: Autumn 2024 Introduction The Banco de España (Bank of Spain) has published its latest Financial Stability Report, which provides an assessment of the stability of the Spanish financial system. The report highlights the main risks and vulnerabilities facing the system, and makes recommendations for mitigating these risks. Key Findings The Spanish financial … Read more
Bank of Spain issues statement on effects of DANA The Bank of Spain has issued a statement on the effects of the DANA (Isolated Depression at High Levels) that affected Spain from September 12 to 14, 2022. The statement notes that the DANA caused significant damage to infrastructure and agriculture, and led to widespread flooding … Read more
Consolidated financial statement of the Eurosystem as at 1 November 2024 The consolidated financial statement of the Eurosystem as at 1 November 2024 shows that the Eurosystem’s total assets amounted to €6,021 billion, an increase of €274 billion compared with the previous month. This increase was mainly due to an increase in the Eurosystem’s holdings … Read more
HCOB Spain Manufacturing PMI points to sharp downturn in October The HCOB Spain Manufacturing PMI fell to 40.9 in October, down from 44.6 in September. This was the lowest reading since May 2020, and the sixth consecutive month of contraction. The decline in the headline PMI was led by a sharp drop in new orders, … Read more
Bank of Spain: 12-Month EURIBOR Falls to 2.691% in October Madrid, November 4, 2024 – The Bank of Spain has reported that the 12-month EURIBOR (Euro Interbank Offered Rate), the official reference rate used for mortgage lending in the eurozone, has fallen to 2.691% in October. This represents a decrease of 0.102 percentage points from … Read more