Headlines of the day by EFE Economia for Tuesday, December 5, 2023

Housing prices

Madrid – The National Institute of Statistics (INE) publishes the latest data on house prices, which are at their highest value since the end of 2010, corresponding to the third quarter of the year in an environment of declining demand.

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– Figures for the third quarter of mortgage foreclosures were also released, marking a five-quarter decline. (Text) (Infographic)


Law of Parity

MADRID – The Council of Ministers approves an equal representation law that requires gender to have no less than 40% weight in bodies such as company directorates and councils, government, electoral candidates and the Constitutional Court.

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Industrial production

MADRID – INE releases its industrial production index for October after a 4.1% year-on-year decline in September due to a drop in the energy sector and durable consumer goods.

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Brazil GDP

RIO DE JANEIRO – The Brazilian Statistics Office publishes the evolution of gross domestic product (GDP) in the third quarter of 2023, slightly higher than analysts expected, after registering a 0.9% advance in the previous three months.



EU MERCOSUR (former)

BRASILIA – A summit of Mercosur countries (Argentina, Brazil, Uruguay and Paraguay) opens tomorrow with grim forecasts for progress on a free trade agreement being negotiated by the South American federation and the European Union (EU). sometime.



Information agenda

09:00h.- Madrid.- Mortgage forecasts.- The National Institute of Statistics (INE) publishes data on mortgage foreclosures carried out in the third quarter of 2023.

09:00h.- Madrid.- Industrial Production.- INE publishes the Industrial Production Index for October 2023. (text)

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09:00h.- Madrid.- Housing PRICES.- The National Institute of Statistics (INE) publishes the housing price index for the third quarter of 2023. (text)

09:15h.- Madrid.- SERVICES SECTOR.- S&P Global publishes the PMI indicator for the Spanish services sector in November (Text) Roberto

10:00 am- Madrid.- AIR TRANSPORT.- Repsol and Fundación Repsol jointly organize the web page ‘Promoting innovation for the development of global air transport’.

10:00 am- Málaga.- Foreign Investment.- Presentation of the Sixth Málaga Business Climate Barometer. Foreign investment in the city 2023.

10:30 am- Zaragoza.- Economy Situation.- The Association of Economists of Aragon presents a report on the economic situation in Aragon 2023, which has collected the opinion of the members.

10:45h.- Madrid.- Spanish Debt.- Auction of 6 and 12 month treasury bills.

Madrid.- The Council of Ministers approves the law on equal representation in institutions.




11:30 am- Frankfurt (Germany).- GERMANY DEBT.- Germany offers 2-year debt for 4.5 billion euros.

12:00h.- Paris.- OECD INFLATION.- The OECD publishes inflation statistics in its member countries.

12:15h.- Berlin.- Motor Germany.- German President Olaf Scholz visited the BMW Group factory in Munich. (Text) (Photo)

1:30 p.m.- Paris.- Motor companies.- Inauguration of the Symbio hydrogen fuel cell factory, a joint subsidiary of Michelin, Faurecia and Stellandis.

Lisbon.- PORTUGAL AIRPORT.- An independent technical team presents a report with a strategic analysis on the future location of the new Lisbon Airport.

London.- United Latin America.- Presenting a report on the political and economic perspectives of Latin America in 2024.


13:00h.- Rio de Janeiro.- BRAZIL GDP.- The Brazilian government reveals the growth of the Gross Domestic Product (GDP) in the third quarter of 2023. (text)

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2:00 pm- Quito.- ECUADOR EXPORTS.- Ecuador’s new Minister of Production, Foreign Trade, Investments and Fisheries, Sonsoles García, meets with the official Spanish Trade and Industry in Quito to discuss strategies to promote production development. , improving comprehensive competitiveness, strengthening value chains and leveraging investments. NH Collection Kito (Text)

2:00 pm- Bogotá.- COLOMBIA VENEZUELA.- Forum ‘Current events and 2024 perspectives of Colombian-Venezuelan integration’, with the participation of more than 200 Colombian and 37 Venezuelan companies. Four Points Sheraton Hotel. Cra. 18 # 93A-83 (Text) (Photograph)

16:00h.- Mexico City.- MEXICO INVESTMENT.- Mexican Association of Industrial Parks takes over adjacent areas in 2023 (Text) (Photo)

19:00h.- San José.- CENTRAL AMERICA CABEI.- Costa Rican Gisela Sánchez assumed the presidency of the Central American Bank for Economic Integration (CABEI) during an official event in Costa Rica. National Theater (Text) (Photo)


Algiers.- AFRICA STARTUPS.- The second edition of the African Startup Conference starts today in Algiers and lasts for two days. According to the organizers, the conference aims to be a key gathering for the African startup ecosystem, fostering collaboration, innovation and knowledge sharing among key stakeholders. (text)



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