Many closed businesses, empty beaches, tranquillity and hardly any tourists: that is the image that Mallorcans are currently seeing as they await the arrival of 1 July, when borders reopen and international flights resume.
CPI Rises Six-Tenths in June to -0.3% Driven by the Price of Petrol and Electricity
The Consumer Price Index (CPI) rose by 0.5% in June in relation to the previous month and by six tenths in year-on-year terms to reach -0.3%, compared to -0.9% in May.
Mortgage Signings Fall by 18.4% in April to Return to 2017 Levels
23,840 mortgages were signed in April 2020, down by 18.4% compared to the same month in 2019 and the lowest April figure since 2017, according to the National Institute of Statistics (INE).
House Sales Could Fall by 25% to 400,000 in 2020
The DonPiso network of estate agents estimates that fewer than 400,000 homes will be sold in 2020, down by 20-25% compared to 2019, when 501,000 operations were registered.
