Statistics

Changes in the tables of general economic statistics

December

The summary structural indicators for the Spanish and European Union economy table has been modified to reflect the United Kingdom's withdrawal from the European Union. Thus:

— The aggregates whereby the different indicators for the European Union are obtained are modified. In most cases, the United Kingdom has been included in the aggregate until its effective withdrawal in 2019 and, from 2020, the different indicators are obtained without the United Kingdom. However, for some variables it was necessary to reconstruct the information by excluding the United Kingdom from the beginning of the series because the original source from which the data are obtained (Eurostat) no longer provides values ​​for the United Kingdom. The new aggregates and specific definitions in every indicator are detailed in the footnotes to the table.

— In addition, the source for patents has instead been obtained from the European Patent Office (EPO).

— Lastly, no information is provided on the rate of change differentials between Spain and the United Kingdom for the period 2019-2020, as the latter country leaving the European Union has generated a significant break in the different indicators and meant that outliers were obtained ​​for this period.

July

Provide a wider picture of the Spanish real estate sector, the scope of the publication Housing Summary has been extended to include the commercial real estate market. As a result, the publication has been renamed and will henceforth be called Real Estate Market Summary.

The main change consists of the inclusion of five new quarterly indicators constructed by the Banco de España. For the first time in Spain, these will provide official price indices for commercial real estate assets both at aggregate level and by asset type: commercial premises, offices and industrial buildings. A further indicator, the prime index, which identifies transactions for premises in prime locations in various large urban centres, is also included.

More details on the methodology used by the Banco de España to construct the new indicators can be found in Occasional Paper 2203, “Elaboración de un índice de precios para el mercado inmobiliario de España”, available at the following link (only the Spanish language version is currently available):

https://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosOcasionales/22/Fich/do2203.pdf

In addition, two new indicators linked to the evolution of financial variables are incorporated: credit with real estate guarantee granted to the construction and real estate activities sectors, and the monthly amount of new real estate loans. Likewise, the information sources of the real estate credit series for the total economy and the number of new real estate loans are updated.

April

The table of the Statistical Bulletin 23.13 includes information on the registration of electric vehicles, both nationally manufactured and imported. In this way, it is about increasing the offer of vehicle indicators already available on our website in order to reflect the growing importance of electric vehicles in the total number of Spanish vehicles.

February

As a consequence of the new base year 2021 of the Consumer Price Index (CPI) published by the National Institute of Statistics, the tables of the Statistical Bulletin 25.1 and 25.2 are updated to reflect this circumstance.