Spanish Market Insight: Cash Strapped Consumers Hesitant, Schools Keep Sales Steady
Spain keeps avoiding recession, boasting record employment numbers, and maintaining a growth forecast. This does not mean that Spaniards are keen to spend, particularly in sports kit. By Rocio Enriquez The Spanish economy keeps resisting the recession trend that dominates the rest of Europe, with high temperatures well into October prolonged activity in the tourism sector. More people have been employed for longer, with over 70% of the active population working, and this means more money being…