{"id":4472,"date":"2012-05-29T14:54:52","date_gmt":"2012-05-29T18:54:52","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4472"},"modified":"2012-05-29T14:54:52","modified_gmt":"2012-05-29T18:54:52","slug":"spains-economy-shows-fresh-strain-wsj-com","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/","title":{"rendered":"Spain&#039;s Economy Shows Fresh Strain &#8211; WSJ.com"},"content":{"rendered":"<p>Spain&#8217;s economy showed fresh strain as retail sales fell at a record pace in April, showing the government&#8217;s austerity program is strangling consumption and suggesting deepening recession. Data Tuesday from the National Statistics Institute, or INE, showed seasonally adjusted retail sales fell 9.8% on the year in April, compared with a 3.8% drop in March. The decline was the sharpest since INE started collecting the data in January 2004. Household spending is dropping as unemployment approaches 25% of the work force.<\/p>\n<p>via <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702303807404577433953044087354.html?mod=WSJ_World_MIDDLENews\">Spain&#8217;s Economy Shows Fresh Strain &#8211; WSJ.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spain&#8217;s economy showed fresh strain as retail sales fell at a record pace in April, showing the government&#8217;s austerity program is strangling consumption and suggesting deepening recession. Data Tuesday from the National Statistics Institute, or INE, showed seasonally adjusted retail sales fell 9.8% on the year in April, compared with a 3.8% drop in March. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Spain&#039;s Economy Shows Fresh Strain &#8211; WSJ.com&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,33],"tags":[289,800,2943,3194],"class_list":["post-4472","post","type-post","status-publish","format-standard","hentry","category-economy","category-uk-europe-countries-regions","tag-austerity","tag-consumption","tag-retail-sales","tag-spain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Spain&#039;s Economy Shows Fresh Strain - WSJ.com - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spain&#039;s Economy Shows Fresh Strain - WSJ.com - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Spain&#8217;s economy showed fresh strain as retail sales fell at a record pace in April, showing the government&#8217;s austerity program is strangling consumption and suggesting deepening recession. Data Tuesday from the National Statistics Institute, or INE, showed seasonally adjusted retail sales fell 9.8% on the year in April, compared with a 3.8% drop in March. &hellip; Continue reading &quot;Spain&#039;s Economy Shows Fresh Strain &#8211; WSJ.com&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-05-29T18:54:52+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Spain&#039;s Economy Shows Fresh Strain &#8211; WSJ.com\",\"datePublished\":\"2012-05-29T18:54:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\"},\"wordCount\":95,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"austerity\",\"consumption\",\"retail sales\",\"Spain\"],\"articleSection\":[\"Economy\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\",\"name\":\"Spain&#039;s Economy Shows Fresh Strain - WSJ.com - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-05-29T18:54:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/29\/spains-economy-shows-fresh-strain-wsj-com\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spain&#039;s Economy Shows Fresh Strain &#8211; WSJ.com\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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From WSJ.com: The [UK] economy shrank 0.7% between April and June, dragged down by weakness in the construction industry, according to official data released Wednesday. An extra day's holiday in June\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3496,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/02\/14\/odd-retail-data-arent-as-worrying-as-rising-gas-prices-wsj\/","url_meta":{"origin":4472,"position":1},"title":"Odd Retail Data Aren\u2019t as Worrying as Rising Gas Prices &#8211; WSJ","author":"ColinTwiggs","date":"February 14, 2012","format":false,"excerpt":"Higher oil prices, the loss of some refining capacity and higher world demand have pushed up U.S. gasoline prices more than they usually track in the winter. So far in February, a gallon of gas nationwide costs $3.56, up from $3.44 in January. Because they are shelling out more at\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13311,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/05\/15\/retail-sales-lift\/","url_meta":{"origin":4472,"position":2},"title":"Retail sales lift","author":"ColinTwiggs","date":"May 15, 2016","format":false,"excerpt":"Retail sales (excluding motor vehicles and fuel) jumped to a 2.96% year-on-year increase for April 2016, climbing back above Core CPI to reflect a real increase. We are still waiting on light vehicle sales for April. An upturn would indicate reviving consumer confidence in the economy. An upturn in business\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1413,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/19\/spanish-house-prices-fall-wsj-com\/","url_meta":{"origin":4472,"position":3},"title":"Spanish House Prices Fall &#8211; WSJ.com","author":"ColinTwiggs","date":"October 19, 2011","format":false,"excerpt":"Spain's housing-price index in the July-to-September period fell 5.5% from a year earlier\u2014the fastest pace of decline since 2009\u2014and was down 1.3% from the second quarter, the public-works ministry said. via Spanish House Prices Fall - WSJ.com.","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38904,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/11\/18\/higher-for-longer-as-us-economy-shows-resilience\/","url_meta":{"origin":4472,"position":4},"title":"Higher for longer as US economy shows resilience","author":"Colin Twiggs","date":"November 18, 2022","format":false,"excerpt":"The producer price index (PPI) slowed to 10.3% for the 12 months to November. Declining goods inflation is likely to feed through into lower CPI growth in the months ahead. Energy PPI is closely linked to energy prices, as the plot of PPI against WTI crude below shows. West Texas\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"PPI & CPI","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-16-ppi-cpi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-16-ppi-cpi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-11-16-ppi-cpi.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":2570,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/07\/copper-bets-flash-a-warning-wsj-com\/","url_meta":{"origin":4472,"position":5},"title":"Copper Bets Flash a Warning &#8211; WSJ.com","author":"ColinTwiggs","date":"December 7, 2011","format":false,"excerpt":"\"....Copper is telling us that while the U.S. equity markets are being priced by such frivolous things as U.S. holiday retail sales, the global economy is experiencing a deceleration in growth [that will become evident] in the first half of next year,\" said Jason Schenker, president and chief economist at\u2026","rel":"","context":"In &quot;Gold &amp; Commodities&quot;","block_context":{"text":"Gold &amp; Commodities","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=4472"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4472\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}