The six thermometers that reflect the good health of the Spanish economy

Neither technical stagnation, nor stagnation, nor regression, as Alberto Núñez Viejo emphasized. Spain is growing and doing so more than expected. In the first quarter of the year, it was gross domestic product By 0.6%, four times more than the average in European countries, and indeed We have regained the wealth we had before the pandemic. It is the first of six good data for the Spanish economy.

The second is that the price escalation has slowed: the latest data from CPIMay, it was from 3.2%. We are the third country in the European Union with the lowest consumer price index. Third positive fact: Tourism has skyrocketed. Exports of goods and services increased by more than 10% compared to the first quarter of last year. There is a lot of tourism and they spend a lot of money in our country.

Fourth is that almost corporate profits doubled in 2022. Companies in our country are doing well. Fifth, data confirming the good progress of the economy: the labor market. Register membership number: 20.8 million workers.

There is still a lot to be done, but it is clear that Spain continues to create jobs at a good pace. And finally, the sixth fact: Foreign investment grew by more than 20% The first trimester. Foreign businessmen choose Spain for investment.