Activity in both the services and manufacturing sectors improved further in March and came in above expectations once again. Nevertheless, we expect the Spanish economy to lose momentum in the second half of the year as interest rate hikes will increasingly weigh on economic activity Spanish services sector strengthened again in March Spain's services PMI [...]
The truckers' strike is pushing the entire agro-food sector to the limit. After the recent masse farmers' demonstration due to their loss of competitiveness, self-employed truckers are now contributing to provoke an unprecedented collapse. The situation is further worsened by the Ukraine’s invasion as Spain needs an alternative source of cereals and sunflower oil. If [...]
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Spain’s trucker strike loses momentum as most transport restored After 15 days of uninterrupted transport stoppages in Spain that have caused shortages and spurred on other protests, the country's main transport association has reported that activity on Monday returned “practically to normal”. Despite this practical return to normality, some truck drivers in Spain will continue [...]