Posts Tagged ‘Spain’
Deflation: A reality in Spain
November 25th, 2009
The consumer price index, CPI, stood at the month of August in a -0.8% thus joining the 6 consecutive months of negative data.
This figure is an upward variation of about 6 tenths data for July.
Thus these six months of negative data, Spain comes into deflation, a fact that occurs when two quarters of data accumulating effects. (more...)
Tags: CPI, deflation, Spain, unemployment
Crisis in Spain: How long?
November 24th, 2009
Elapsed since the year 2007 as the government reported that the debt assumed by the families was not worrisome and that the country was growing at such a rapid pace that social classes would just emerge.
A few months later, in August, broke the major financial crisis and the government itself to Spain said that the crisis did not affect him. (more...)
Tags: crisis, economy., financial crisis, Spain, spending, taxes