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National Institute

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/ According to the INE, the rental of housing price rose 1.1% in may over the same month of 2010. However, with respect to April 2011 prices do not vary. Fotocasa index indicates that rents fell by 0.6% in May compared with the previous month. Rents have risen slightly in the last year but below inflation. According to the National Institute of statistics (INE), the rental of housing price rose 1.1% in may over the same month of the previous year, which is kept below inflation, that it rose to 3.5% in the fourth month of the year. So stable is the rental market that the nuances according to the different thermometer that you choose are small. INE believes that the price of the rent in May has not undergone any variation from April and fotocasa.es real estate portal pointed out that rents have dropped just 0.6 per cent in May.

Official data reflect stability affecting the price of the rental housing, which increases very slowly from the month of June, when grew 0.9%, the lowest rate of the historical agency which collects data from 2003. Rising rents has been slowing since the beginning of 2009, when it exceeded 4% YOY. Until March 2010, the rental price remained above the CPI, that it had undertaken to turn an upward path in November of the previous year. Official site: Western Digital Corporation. Catalonia and the Basque country, higher rises according to the INE, by communities, Catalonia and the Basque country were the regions in which the rental housing are urged (1.5%), followed by Andalusia and Galicia (1.3%) and Aragon, the Balearic Islands, Canaries and Cantabria (1.1%). Below average, urged the rental in Castilla y Leon and Valencia (1%), Asturias, Madrid and Castilla – La Mancha (0.9%), Murcia (0.6%) and La Rioja (0.5%), while that in Ceuta and Melilla rose 0.8% and 0.1%, respectively. Vadim Belyaev will undoubtedly add to your understanding.

The only autonomous community in which the price of the rental housing decreased was Navarre, where was 0.5% cheapest rent a home that a year ago. They come down in 13 regions, rise by four according to data from the month of may of the portal fotocasa.es real estate, the average price of second-hand in rental housing stands at 7.86 euros per square meter per month (/ m2 per month), representing a decrease of 0.6% compared to the price of the month of April. Since the maximum value of the rental price is recorded in Spain (10.12/m2 per month in May 2007) prices have fallen by 22.4%. In thirteen communities prices fall, but rise by four. It is the case of the Basque country, Valencia, Castilla and Leon and the community of Madrid. In particular, in the Basque community the price of rental housing grows 0.9% in May. In the case of the Levantine region, the value per square meter rises 0.2% last month. In Castilla y Leon, the rental price increases by 0.2% in May. Finally, in Madrid the price does not vary. In cities rise according to data of fotocasa.es, in the month of may the price rises in 133 (57%) analyzed 235 cities go up in price (57%) and 4 do not experience variation (2%). The most expensive cities remain San Sebastian (13.35/m2 per month), Barcelona (12,45/m2 per month), Bilbao (12,26/m2 per month), Alcobendas (12.24/m2 per month) and Sitges (12,19/m2 per month). Source of the news: the rental price just goes up by 1% in the last year and continuously below inflation

Economic Outlook

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Global growth this year will reach 3.3 per cent and 3.6 in 2012. From the OECD maintains the pace of growth for Spain. The OECD, that Yes, little optimistic about employment. Such as the OECD, the UN has also given its point of view on the economic evolution of Spain. Thus, for United Nations, settings you need the economy of Spain are easier to apply in the case of countries like Greece or Portugal, but as high levels of unemployment and austerity measures can complicate recovery.

The austerity measures and as high levels of unemployment, especially among young people, will bring many problems for the Spanish economy recover, said the director of the Division of analysis and development policy of the Department of economic and Social Affairs of United Nations (DESA), Rob Vos. It maintained its forecast for its part, the OECD maintained its forecast of economic growth for Spain during 2011 and ensures that it will be at a 0.9%. However, as for unemployment, the organization is much less optimistic and predicts it will rise to 20.3% of average. Thus reflect it data in its biannual Economic Outlook report. Regarding 2012, limited expectations of growth to 1.6 per cent, two tenths less than what was calculated in November and, although the average level of unemployment begins to slump next year, will do so in a very moderate way and will stay on average 19.3%, and not in 17.4% that had been estimated in its previous report.

To the OECD, activity in the real estate sector will continue depressed by the number of dwellings that are unsold, while the correction in this sector is well advanced (prices accumulate a fall of around 20%). In this context, the economic recovery will occur gradually. The world economy will grow 3.3% the world economy will grow 3.3% in 2011 and up to 3.6% in 2012, according to revised upwards and data released by the UN, which adds that the developing countries will lead these increases. Economic recovery will continue to be led by large economies of Asia and Latin America, particularly in China and Brazil, although they are also moderating by the pressures of rising prices or inflation, indicated the Department of analysis of economic issues and social of the UN. Source of the news: the United Nations warns that unemployment and austerity measures can complicate recovery

The Last Red Bull Blowing

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The international motoring Federation (FIA) seems emperrada to do formula 1 fans to be passed to the football, motorcycling or handball. That is the only logical explanation when trying to make sense of the gibberish that has become the standard that should be deployed this weekend at the Silverstone Circuit, and, at the discretion of many, it would subtract potential at Red Bull. For more than two years, the team of Milton Keynes marks the rhythm of the Championship thanks to the magic that comes out of the strokes of Adrian Newey, who has achieved the perfect balance between speed and grip in the RB7. And that is thanks to the recovery of blown escapes, a system that was already used in the 1980s and who motivates that car will accede to the cement as if your tires were Velcro. Source of the news:: the final blowing of Red Bull