In February, the Spanish Board of Architects (Colegio de Arquitectos Tecnicos) granted 10,753 construction permits, according to data published by the Ministry of Public Works (Ministerio de Fomento), which is up from the 8,818 permits approved in January. The moving 3-month sum totaled 29,921 permits in the period ending in February, which represented a negligible 0.2% increase compared to the 29,853 permits approved in the same period of the previous year, but, nevertheless, broke the downward trend observed since mid-2007. At the current level, permits are only a fraction off the peak of 279,070 granted in the July-September period of 2006. Meanwhile, the general index of housing prices, produced by the Ministry of Public Works, dropped 4.7% in the first quarter of 2011 over the same period last year, falling faster than the 3.5% decline observed in the previous quarter. At the current level, the price per square metre reached EUR 1,778 in Q1 2011, 15.4% below the peak of EUR 2,101 per square metre observed in Q1 2008.
Housing permits break downward trend in February
April 28, 2011
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Spain Economic News
October 7, 2016
In August, industrial production expanded 4.0% from the same month last year in working-day adjusted terms.
October 5, 2016
The Markit Purchasing Managers’ Index (PMI) Composite Output Index came in at 54.1 in September, which was slightly below August’s 54.8 reading.
September 30, 2016
Spain’s current account balance incurred a surplus of EUR 3.0 billion in July, which was above the EUR 2.7 billion surplus recorded in the same month of last year and marked the highest reading since December 2014.
September 29, 2016
In August, retail sales rose 4.9% over the same month last year as the discount season drew to an end.
September 29, 2016
In July, the Spanish Board of Architects (Colegio de Arquitectos Técnicos) granted 6,267 new construction permits, according to data published by the Ministry of Public Works (Ministerio de Fomento).