British pensioners in Mallorca to take a hit
Expats would be well, advised to check their position and how and if any change in government policy will impact them going forward.
The big Mallorca gold rush!
The price of olive oil has increased by about 75% since January 2021.
The UK has endured persistently high inflation
The UK has endured persistently high inflation.
Spain's inflation slows, ends 2022 at 5.7%
Spanish inflation has fallen 5 percentage points in five months.
Prospects for the 2023 tourism season "not good"
The factors are obvious to everyone.
Spain to impose temporary taxes on banks, power companies, PM says
Green light to a major real state development plan
Summer tourism prospects good - but after the summer?
"Let's enjoy the summer," say the hoteliers; there's uncertainty ahead.
2022 - the highest-spending Mallorcan summer ever
Inflation and higher prices to compensate for 2020 and 2021 losses are resulting in greater spending.
Why being 'tight-fisted' nowadays is no bad thing
The thought of filling the car with fuel now brings me out in hives - and I have only a modest (yet rather sporty) Ford Fiesta.
Balearic exports being hit by war and rising costs
"The increase in the price of fuel and the conflict have devastated all forecasts."
Power costs drive Spanish industrial prices to record high
Companies tend to pass on industrial price rises to customers, fuelling inflation.
Food price rises set to continue until summer
The Consubal consumers association says that the war has made the shopping basket "alarmingly expensive".
Inflation set to push up income tax bills in the Balearics
The Balearics is one of the regions most affected by this inflation impact.
Price of basic necessities "is not going to rise 20%"
"There is no need for scaremongering."
Historic increase in prices in the run-up to Christmas
Inflation likely to reduce consumer spending power for the Christmas period.
Electricity prices push up inflation
The provisional consumer price index for September is four per cent.
Economy
Balearics the strongest performing tourism economy
The Balearics is the Spanish tourism region with the highest ratio of employment creation.
Some risk is unavoidable to achieve an investment return to keep pace with inflation
Some risk is unavoidable to achieve an investment return to keep pace with inflation.
- What a carry on! European Union abandons full launch of new travel entry system for Britons in favour of "phased rollout"
- Uncertainty surrounds EU Entry/Exit System implementation
- Fresh hope for Golden Visa in Spain
- Living in Palma Airport - Safe and warm
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
Comment
Ready for Rishi?
For now, only Rishi seems ready for the challenge and he has the resources to give it his all.
Anna Nicholas18/07/2022 10:58