Exchange Rate in Spain
Spain - Exchange Rate
The economy rebounded robustly in Q2 as an accelerating vaccine rollout prompted the lifting of restrictions, which in turn fueled domestic demand. A sizable bounce-back in household consumption amid stronger consumer confidence and an improving labor market led Q2’s reading. However, the external sector weighed on growth and fixed investment contracted at a sharper pace, likely due to lingering economic uncertainty. The recovery should have carried over into Q3: An uptick in consumer sentiment, coupled with strong services and manufacturing PMI readings in July, point to expanding economic activity. Moreover, the country received EUR 9 billion—the first tranche of its EU recovery fund package—in mid-August, which should support activity ahead. That said, June’s data on the stock of public debt—which rose to a new record high in absolute terms—confirms the country’s weak public finances.Spain - Exchange Rate Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| 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 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Spain: Second estimate significantly revises down Q2 growth
September 23, 2021
A second estimate revealed that the economy grew 1.1% on a seasonally-adjusted quarter-on-quarter basis in Q2—a much softer increase than the 2.8% expansion reported in the preliminary release, but still contrasting the 0.6% contraction recorded in the first quarter.
-
Spain: Industrial output growth deteriorates in July
September 10, 2021
Industrial output grew 3.4% year-on-year in seasonally- and calendar-adjusted terms in July, which was a deterioration from June’s 11.0% increase.
-
Spain: Composite PMI dips but still signals upbeat manufacturing and services activity in August
September 3, 2021
The IHS Markit composite Purchasing Managers’ Index (PMI) dipped from 61.2 in July to 60.6 in August, reflecting milder growth in the services sector more than offsetting a stronger expansion in manufacturing activity.
-
Spain: Current account surplus narrows in June
September 2, 2021
Spain’s current account balance recorded a surplus of EUR 0.3 billion in June 2021, below the EUR 2.1 billion surplus logged in June 2020 and May 2021’s EUR 0.9 billion surplus.
-
Spain: Retail sales record slowest expansion since February in July
September 1, 2021
Retail sales grew 0.1% year-on-year in July, softening from the 1.4% growth tallied in June.
© Copyright: 2021. | Spain Exchange Rate | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
