Exchange Rate in Spain

Spain - Exchange Rate
Growth weakened in the first quarter, as household spending was weighed down by surging inflation and the spread of the Omicron variant. Turning to Q2, in April, a robust recovery in tourism likely underpinned the tertiary sector, as signaled by a higher services PMI reading, while the rate of unemployment fell and retail sales rebounded strongly. However, elevated inflation, downbeat consumer confidence and a softer expansion in manufacturing activity call for caution. Meanwhile, the European Commission recently warned of imbalances in the public accounts, with the independent fiscal authority lamenting the absence of a medium-term strategy to bring them under control. Furthermore, the Bank of Spain has called for additional reforms to ensure the sustainability of the public pensions system.Spain - Exchange Rate Data
2015 | 2016 | 2017 | 2018 | 2019 | |
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Exchange Rate (vs USD) | - | - | - | - | - |
Spain Exchange Rate Chart

Source: Thomson Reuters.
Spain Facts
Value | Change | Date | |
---|---|---|---|
Bond Yield | 0.46 | 5.62 % | Dec 31 |
Exchange Rate | 1.12 | 0.65 % | Dec 31 |
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Economic News
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Spain: Current account swings to surplus in May
August 11, 2022
The current account recorded a EUR 2.9 billion surplus in May, improving from the EUR 0.5 billion deficit clocked in April (May 2021: EUR 1.0 billion surplus).
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Spain: Industrial output grows at fastest pace in one year in June
August 8, 2022
Industrial output rose 7.0% year on year in seasonally- and calendar-adjusted terms in June (May: +4.5%).
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Spain: Unemployment rate drops in second quarter of the year
July 29, 2022
The jobless rate fell to 12.5% in Q2 from 13.7% in Q1.
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Spain: Retail sales growth deteriorates in June
July 29, 2022
Retail sales expanded 0.2% year on year in June (May: +2.8% yoy).
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Spain: The economy gains speed in the second quarter
July 29, 2022
According to a preliminary estimate, GDP rose 1.1% on a seasonally-adjusted quarter-on-quarter basis in Q2, accelerating notably from the 0.2% uptick recorded in Q1.