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November 16, 2021
The Board of the Central Bank decided to increase the monetary policy rate from 1,50% to 2,00% in November. In this manner, the Bank gradually reduces the expansive stance of monetary policy given unanchored inflation expectations.
March 10, 2020
After growing 2.4% in 2018, the economy of Canarias could have grown by 1.5% in 2019. It will advance by 1.1% in 2020 and 1.8% in 2021, reducing the unemployment rate to 19.3% in 2021. This would lead to the creation of 38,000 jobs in the biennium, but the risks are down
December 19, 2019
The Digitization Index (DiGiX) assesses the infrastructure, the level of adoption, and the institutional and market conditions that allow a country or region to take full advantage of information and communication technologies. It includes 17 Spanish regions and 99 countries, with comparable information available for 2019.
March 18, 2019
The economy of the Canary Islands would have grown by 2.5% in 2018. It is expected to advance by 2.4% in 2019 and moderate to 1.8% in 2020, linking seven consecutive years of economic recovery. This will add around 47,000 new jobs between the end of 2018 and 2020, but the unemployment rate shall be 18.6% in 2020.
May 9, 2017
The economy of the Canary Islands grew 3.5% in 2016, and will still grow to 3.5% in 2017 and 2.8% in 2018, creating around 60,000 new jobs in those two years, although some external factors’ contribution may slow down. Although pre-crisis GDP level will be reached in 2018, creating more and better jobs remain as challenges.
April 11, 2016
In 2015 the Canary Islands grew 2.8%. Growth will stabilise at around 2.9% in 2016 and 2.8% in 2017. The fall in oil prices, the acceleration of the EMU and the strength of internal demand will support growth. This scenario will enable the creation of 68,000 jobs during this two-year period.
April 22, 2015
The Canary Islands economy continues to gather pace. Growth of 3.3% is forecast in 2015 and 3.0% in 2016, once again ahead of the nationwide average. Around 60,000 more jobs could be created up to the end of 2016.
