Your news update from Mallorca: the big stories of the week
The stories that made the headlines this week in Mallorca
Balearics facing higher air fares
Higher travel costs will help to rein in emissions by curbing growth in traffic.
Food prices in Mallorca post record rise
Food banks have reported a surge in demand this year.
Calvia is one of the most expensive places in Spain to either buy or rent a property
Averaqe monthly rents in Calvia are 2,839 euros.
Spanish economy could take $5 bln blow from temporary taxes, think-tank warns
The banking sector expects to lose 35,000 jobs, or around a fifth of its total.
Spain wants to cap the prices of basic foodstuffs
“Spanish employers have to be up to the task: they have to revalue wages".
Balearics being outpriced by Turkey and Bulgaria
"Prices have risen sharply in some destinations and fallen significantly in others."

Calvia has the highest property rental rates in the Balearics.
Calvia has the highest property rental rates in the Balearics.
Menu del dia in Palma one of the most expensive in Spain
Average prices of a menu del dia in Palma is 13.6 euros
Inflation changing consumer habits in the Balearics
Inflation in Spain is running at its fastest pace in three decades.
Check your bar or restaurant bills in Spain
Prices in Mallorca have risen sharply over the past few years.
Spain to raise inflation forecast after prices climb -economy minister
Inflation has surpassed 10% for the first time in 37 years.
Balearics rental prices go through the roof
Palma is one of the most expensive cities in Spain to rent a flat.
Cost of living goes through the roof in the Balearics
The costs of hotels, cafes and restaurants all rose from last year.
Balearics is most expensive rental destination in Spain for British tourists
Canary Islands are the cheapest destination.
Price of Balearic housing goes through the roof, but not wages
Energy crisis, lack of supplies and inflation causing serious problems.

O’Leary has warned of a rise in flight prices.
O’Leary has warned of a rise in flight prices.
Balearics struggling to find seasonal staff
Spain still has one of the highest rates of unemployment in the EU.
- New law for pet owners comes into force on Friday in Mallorca
- Investigation into the death of a British woman following cosmetic surgery in Mallorca
- Now Spain torpedoes all-inclusive cruise deals with extra booze and food taxes
- Prostitution gang arrests in Alcudia, Inca and Muro
- Mallorca fans see red over scantily clad dancers in VIP area!
Comment
Mallorca’s golden goose
Price is very much going to a deciding factor and Mallorca may find it is overpriced.
Humphrey Carter15/12/2022 15:01