Energy: revision of the scenario in turbulent times Financial markets Beatriz Villafranca Serrano October 16th, 2024
Spain’s tourism sector breaks all records in summer 2024 Spanish economy David Cesar Heymann October 17th, 2024
What is driving the cooling of the US labour market? International economy Isabela Lara White October 16th, 2024
Financial Markets Daily Report 17 October 2024 Investors traded cautiously ahead of the ECB's Governing Council meeting today, for which markets are expecting a 25 bp interest rate cut. Euro area sovereign bond yields fell for a second straight session and the main equity indices in the region were mixed. Globalisation The decoupling of the US and China accentuates the fragmentation of the global economy The data from recent quarters show growing evidence of two major phenomena: the slowdown in the trade of goods, but not in services, and the growing fragmentation of global trade and production. At the epicentre of it all is China, with its increasingly key role in global… David del Val 25 September 2024 United States of America Deficit and debt on the rise: the future of the US’ public finances The CBO’s report published in June reveals that, in the absence of any substantial changes in fiscal policy, the US’ public accounts are set to deteriorate significantly over the coming decade: by 2034 the deficit would represent 7% of GDP, well above the historical level… Isabela Lara White 17 September 2024 Portugal How is Portugal’s household wealth distributed? The wealth of Portuguese households has increased in recent years and the distribution by level of wealth or employment status shows little difference with respect to the euro area. However, the proportion of liabilities that are borne by the less wealthy half of the… Teresa Gil Pinheiro 16 September 2024 Investment Capital investment in Spain: comparison versus the euro area In this first article in a series of two, we review the recent trends in capital investment in Spain and make a comparison with the rest of the euro area. In a second article in this same Monthly Report, we investigate the incentives for investing, based on an analysis of… Oriol Carreras Baquer 20 September 2024 Investment Spanish firms’ profitability and financing costs In our previous article dedicated to analysing the evolution of investment in Spain, we focused on describing the pattern of investment by type of asset and by sector, and on comparing it with the euro area. In this second article, we want to focus on incentives for… Oriol Carreras Baquer 16 September 2024 Savings The factors driving Spanish household savings Javier García Arenas 17 September 2024 Inflation The dynamics of services inflation in Spain Zoel Martín Vilató 16 September 2024 Real estate How is climate change impacting the Spanish real estate sector? David Cesar Heymann 09 September 2024 Real estate The mismatch between supply and demand determines the behaviour of Spain’s real estate market Pedro Álvarez Ondina 09 September 2024 Publications Monthly ReportOctober 2024 | No. 49317 October 2024 SpainSpain’s Macroeconomic & Financial Outlook14 October 2024 PortugalPortugal’s Macroeconomic & Financial Outlook14 October 2024 Sectorial ReportReal Estate. Strong demand and short supply shape the sector S2 2024 Sectorial ReportTourism. Sustainable growth: the challenge of Spain’s tourism sector S2 2024 Sectorial ReportSectoral Observatory 2024 Sectorial ReportAgrifood. The sector is making headway despite adverse conditions 2023 Sectorial ReportManufacturing Industry 2023 Opinion Editorial US elections in a new phase José Ramón Díez Head of International Economics & Markets Key points of the month The five keys to Spain’s Economic strength Oriol Aspachs Head of Spanish Economics Recommended Tourism Spain’s tourism sector breaks all records in summer 2024 David Cesar Heymann 17 October 2024 World outlook Winds of change in the international economy CaixaBank Research 17 October 2024 Spain's outlook The Spanish economy, faring better than we thought CaixaBank Research 16 October 2024 United States of America What is driving the cooling of the US labour market? Isabela Lara White 16 October 2024 Opinion The five keys to Spain’s Economic strength Oriol Aspachs 16 October 2024 Commodities Energy: revision of the scenario in turbulent times Beatriz Villafranca Serrano 16 October 2024 Recent developments New economic outlook: upward revision of Spain’s GDP growth forecast Oriol Carreras Baquer Javier García Arenas 16 October 2024 Financial markets outlook Various tailwinds support investors’ risk appetite in September CaixaBank Research 16 October 2024 Recent developments New economic outlook: modest deterioration in the growth outlook for the international economy Rita Sánchez Soliva 16 October 2024Most readEnergy: revision of the scenario in turbulent timesThe five keys to Spain’s Economic strengthUS elections in a new phaseNew economic outlook: modest deterioration in the growth outlook for the international economySpain’s tourism sector breaks all records in summer 2024 NewsletterBeing informed now ismore important than everGet our latest updates Sign in Hot topics Geopolitics Macrofinance Podcasts Todo lo que necesitas saber sobre economía internacional para empezar bien el otoño 26/09/2024 Forecasts Financial markets Interest rate (%)Update date 14-10-2024 Macroeconomic GDP (%)Update date 14-10-2024 Team Luís Pinheiro de MatosEconomist Ana Rincón GarcíaOrganization Javier García ArenasSenior economist José Antonio Sánchez PalominoData scientist Roser FerrerSenior economist José Ramón DíezHead of International Economics & Markets Sandra Jódar RosellDirector of Strategic Planning Meet us Zoel Martín VilatóEconomist Alberto GrazianoSenior Data Scientist María Romero MeléndezEconomista Ana María PorrasOrganization David Martínez TuréganoEconomist David del ValSenior economist Nuria BustamanteLead economist Meet us Maitane LizarragaAnalyst Léopold JouvenAnalyst Adrià Morron SalmeronLead economist Ariadna Vidal MartínezLead economist Rita Sánchez SolivaEconomist Jesús ViscarriOrganization Beatriz Villafranca SerranoEconomist Meet us Enric FernándezChief Economist Josep Mestres DomènechSenior economist Carolina CruzOrganization Isabella Castillo HernándezResearch assistant Mar Bisquert PerlesData scientist Pedro Álvarez OndinaEconomist Isabela Lara WhiteEconomist Meet us Oriol Carreras BaquerSenior economist Mireia CrusellsAnalyst Sergio DíazEconomist Imelda EstebanSenior economist David Cesar HeymannEconomist Oriol AspachsHead of Spanish Economics Javier Ibáñez de Aldecoa FusterEconomist Meet us Eduard Alcobé GarciaData scientist Judit Montoriol GarrigaLead economist Patricia EstebanCommunication Meet usPrint
Globalisation The decoupling of the US and China accentuates the fragmentation of the global economy The data from recent quarters show growing evidence of two major phenomena: the slowdown in the trade of goods, but not in services, and the growing fragmentation of global trade and production. At the epicentre of it all is China, with its increasingly key role in global… David del Val 25 September 2024
United States of America Deficit and debt on the rise: the future of the US’ public finances The CBO’s report published in June reveals that, in the absence of any substantial changes in fiscal policy, the US’ public accounts are set to deteriorate significantly over the coming decade: by 2034 the deficit would represent 7% of GDP, well above the historical level… Isabela Lara White 17 September 2024
Portugal How is Portugal’s household wealth distributed? The wealth of Portuguese households has increased in recent years and the distribution by level of wealth or employment status shows little difference with respect to the euro area. However, the proportion of liabilities that are borne by the less wealthy half of the… Teresa Gil Pinheiro 16 September 2024
Investment Capital investment in Spain: comparison versus the euro area In this first article in a series of two, we review the recent trends in capital investment in Spain and make a comparison with the rest of the euro area. In a second article in this same Monthly Report, we investigate the incentives for investing, based on an analysis of… Oriol Carreras Baquer 20 September 2024
Investment Spanish firms’ profitability and financing costs In our previous article dedicated to analysing the evolution of investment in Spain, we focused on describing the pattern of investment by type of asset and by sector, and on comparing it with the euro area. In this second article, we want to focus on incentives for… Oriol Carreras Baquer 16 September 2024
Real estate How is climate change impacting the Spanish real estate sector? David Cesar Heymann 09 September 2024
Real estate The mismatch between supply and demand determines the behaviour of Spain’s real estate market Pedro Álvarez Ondina 09 September 2024
Spain's outlook The Spanish economy, faring better than we thought CaixaBank Research 16 October 2024
United States of America What is driving the cooling of the US labour market? Isabela Lara White 16 October 2024
Commodities Energy: revision of the scenario in turbulent times Beatriz Villafranca Serrano 16 October 2024
Recent developments New economic outlook: upward revision of Spain’s GDP growth forecast Oriol Carreras Baquer Javier García Arenas 16 October 2024
Financial markets outlook Various tailwinds support investors’ risk appetite in September CaixaBank Research 16 October 2024
Recent developments New economic outlook: modest deterioration in the growth outlook for the international economy Rita Sánchez Soliva 16 October 2024