Transportation, clothing and footwear are the products that have seen the greatest drop. The family expenditure figures reflect the state of household economies in the context of the economic crisis: high unemployment rates and high levels of private debt.
The “export vocation” and “good management of economic, tourism and trade competences” will ease Catalonia’s recovery from the crisis. This is the opinion of José Manuel González-Páramo, member of the European Central Bank’s Executive Board.
These levels have not been recorded since November 2008. However price raises stabilised in relation to August, particularly because of the price decrease of organised trips.
An increase in consumer spending and exportations means the Catalan economy grew by 0.2% in the second quarter of the year, growing quicker than expected.
Catalan Minister Marina Geli says that the health industry is “very important”. She presented a report by the Catalan Government that indicates that the Catalan health industry has a Gross Value Added of 9%
The data compares to July of 2009 and confirms an 8-month trend of continuous increases. For the rest of Spain, there has been an increase of 16.4%. This data confirms construction market’s recovery.
In Catalonia, there has been an annual growth in exports of 19.12% while the commercial deficit also rose by 39.22%.
The country registers its highest inflation since 2008 and the highest monthly-rise of prices in all Spain, according to the data published by the Institute of Statistics
?There is a good trend towards recovery in Catalonia in the second half of the year,? states Antoni Castells, Minister of Economy and Finance
Catalonia will be the first European region to implement the Small Business Act 2010-2013, a common strategy to strengthen small and medium-sized companies. These businesses are at the core of the European economy and therefore are a key asset
A study from Barcelona?s Chamber of Commerce has detected 11,000 companies that could export their products and services but have not done so yet. In addition, 8,000 companies already do it but are not in a consolidated position.
The Catalan GDP is expected to fall 0.3% in 2010 but grow 0.9% in 2011, according to a study from the savings bank Caixa de Catalunya, Tarragona i Manresa. Exportation, especially in the industry sector, will be the key factor behind the recovery.