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Only one of the 28 industrial branches in Spain saved the collapse of its activity in 2020

Only one of the 28 industrial sectors operating in Spain improved its activity in 2020, a year marked by the impact of the coronavirus pandemic on the economy. With the exception of the pharmaceutical sector, which grew by 1.8% boosted by the greater need...

Retail sales plummet in November despite Black Friday

Neither Black Friday nor the Christmas campaign managed to encourage commerce last November, at the height of the second wave of the pandemic. Retail sales fell 5.8% in the aforementioned month compared to the same month in 2019. It, even though Spain was in the...

The Balearic Islands were the most expensive national destination in summer and the fourth least visited by Spanish travelers

The reopening of the borders in summer had very moderate effects in the Balearic Islands compared to the rest of the autonomous communities. The archipelago came out the third quarter of the year being the fourth community by the tail in the percentage of...

The Balearic Islands, the Canary Islands, Madrid and Catalonia, the autonomous regions most affected by the crisis, with GDP falls of over 13%

The Savings Banks Foundation (Funcas) foresees that the island regions of Balearic and Canary Islands, the Community of Madrid and Catalonia be the autonomies with biggest drop in GDP in 2020, thus becoming the most affected by the economic crisis derived from the coronavirus...

Primark will do ERTE in Catalonia, Asturias, Castilla y León and Andalusia

After weeks of negotiating with the unions, Primark, the Irish low-cost fashion chain, has submitted temporary employment regulation files (ERTE) in the communities where the closure of its stores has been decreed within the restrictions approved to stop the second wave of the pandemic....