Spain • GDP growth remains robust in Q2 2017
Spain • Core inflation declines 2 tenths in May
Spain • Job creation accelerated again during May
Spain
spanish Labour market
The increase of 223,192 individuals registered with Social Security in May was somewhat larger than CaixaBank Research had anticipated (210,000), confirming real buoyancy from the labour market. Given such positive data, the pace of job creation accelerated to 3.9% YoY (3.8% in April).