Inflation & food prices: Spain’s inflation picked up in July to 3.6% (from 3.2% in June) as energy costs rose, with diesel up 15.7% and electricity up 8.4%; food and non-alcoholic drinks rose 1.6%, led by fresh berries (+17.2%), citrus (+15.5%), eggs (+13.4%) and beef (+9.9%), while some fruit fell (tropical fruit/dates/figs -15.4%). Canary Islands travel relief: For residents and visitors, international flight prices dropped about 10.2% in July, alongside cheaper ferry travel (-9.9%), offering some cost relief even as local living costs continued to climb. Hospitality heat rules: New guidance for Spain’s hospitality sector flags a risky 1pm–6pm window on terrace service during extreme heatwaves, with outdoor closures possible while indoor service continues. Retail expansion with food & leisure pull: NEPI Rockcastle’s first Spanish acquisition—MegaPark Barakaldo near Bilbao—includes a leisure and food & beverage centre plus major anchors like Ikea, Leroy Merlin and Burger King. Eclipse tourism boom: Spain’s total solar eclipse sparked huge demand for hotels, rentals, restaurants and transport along the path of totality, with authorities estimating hundreds of thousands of extra visitors and major spend. Premium pasta push: Italian brand Felicetti is expanding distribution in the UK via RH Amar, aiming to grow in the premium dry pasta category (not Spain-led, but relevant for Iberian food brands’ cross-border momentum).