Lo que los mercados nos dicen de la macroeconomía Mercados financieros Isabela Lara White Jesús Manuel Carrera Moreno Vie, 08/05/2026 - 11:30
¿Qué nos dicen los datos de alta frecuencia sobre el turismo internacional en España después del estallido de la guerra en Irán? Economía española David Cesar Heymann Lun, 27/04/2026 - 08:32
Sombras (y alguna luz) del declive industrial europeo Economía internacional David Martínez Turégano Vie, 08/05/2026 - 11:59
Financial Markets Daily Report 13 May 2026 Yesterday's session was driven by increasing concerns over extended energy supply disruptions, as differences between the US and Iran regarding the negotiated terms make a peace agreement hard to reach. Energy prices climbed, with Brent up nearly 4%, while TTF posted more modest gains. Investment Investment growth, key to consolidating Spain’s economic expansion In this article, we analyse the factors behind the recent behaviour of investment in Spain, comparing the current investment cycle with the previous one (2014-2019) and contrasting the situation in Spain with that of its main euro area partners. Sergio Díaz 06 May 2026 Spain Balearic Islands The Balearic Islands is one of the most dynamic regions in the country. According to CaixaBank Research, the Balearic Islands’ GDP grew by 3.0% in 2025, above the Spanish average (2.8%). This was thanks to the upturn in tourism, which, in turn, boosted consumption and job… 30 April 2026 Spain Madrid AC The Madrid Autonomous Community’s economy is a key driver of the Spanish economy and has been highly buoyant in recent years, surpassed only by the island regions. At CaixaBank Research we estimate that Madrid’s GDP grew by 3.1% in 2025 (2.8% in Spain). This momentum is… 24 April 2026 Activity & growth The crisis in Iran: how much could it affect the Spanish economy? The war in the Middle East could generate a new shock to the global economy that would also affect the Spanish economy. In this article, we analyse the three main channels through which it could do so: the first is inflation, through the rising cost of energy, other… Several authors17 April 2026 Financial markets outlook The Middle East leaves a «furious» mark on financial markets CaixaBank Research 17 April 2026 European Union How far has the EU progressed on the Competitiveness Compass? David Martínez Turégano 17 April 2026 Big data The transmission of the interest rate cycle to households in Spain: micro-level evidence of a moderate adjustment and gradual recovery Several authors 17 April 2026 World outlook An uncertain energy shock hangs over the global economy CaixaBank Research 17 April 2026 Spain's outlook The Spanish economy endures CaixaBank Research 17 April 2026 Energy Spain in the face of the new energy shock: a comparison with Europe Zoel Martín Vilató 16 April 2026 Publications SpainSpain’s Macroeconomic & Financial Outlook12 May 2026 Monthly ReportApril 2026 | No. 51017 April 2026 Sectorial ReportReal Estate. Increasing supply, the great challenge of the Spanish real estate market S1 2026 Sectorial ReportTourism. Spanish tourism sector: from post-pandemic rebound to sustainable growth S1 2026 PortugalPortugal’s Macroeconomic & Financial Outlook13 February 2026 Sectorial ReportAgrifood. The Spanish agrifood sector gains momentum 2025 Sectorial ReportSectoral Observatory S1 2025 Sectorial ReportManufacturing Industry 2023 Opinion Editorial Globofriction (chap. 26) Oriol Aspachs Head of Spanish Economics Key points of the month World economy: between noise and fury José Ramón Díez Head of International Economics & Markets Recommended Investment Investment growth, key to consolidating Spain’s economic expansion Sergio Díaz 06 May 2026 Oil The oil market enters unknown territory Luís Pinheiro de Matos 17 April 2026 Activity & growth The crisis in Iran: how much could it affect the Spanish economy? Several authors 17 April 2026 Financial markets outlook The Middle East leaves a «furious» mark on financial markets CaixaBank Research 17 April 2026 European Union How far has the EU progressed on the Competitiveness Compass? David Martínez Turégano 17 April 2026 Big data The transmission of the interest rate cycle to households in Spain: micro-level evidence of a moderate adjustment and gradual recovery Several authors 17 April 2026 Spain's outlook The Spanish economy endures CaixaBank Research 17 April 2026 World outlook An uncertain energy shock hangs over the global economy CaixaBank Research 17 April 2026 Energy Spain in the face of the new energy shock: a comparison with Europe Zoel Martín Vilató 16 April 2026Most readThe Belt and Road Initiative: a double-edged sword? (part III)The transmission of the interest rate cycle to households in Spain: micro-level evidence of a moderate adjustment and gradual recoveryThe crisis in Iran: how much could it affect the Spanish economy?Investment growth, key to consolidating Spain’s economic expansionInfographic: The importance of the pork sector for the spanish economy as a whole NewsletterBeing informed now ismore important than everGet our latest updates Sign in Hot topics Reactivation or deceleration? Inequality & inclusive growth Podcasts De Ormuz a España: cómo la crisis en el Golfo puede acabar afectando a nuestra economía 23/04/2026 Forecasts Financial markets Interest rate (%)Update date 11-05-20262024202520262027 Fed Funds 4.25 3.50 3.00 3.00 ECB Refi 3.24 2.15 2.15 2.15 Macroeconomic GDP (%)Update date 11-05-20262024202520262027 Euro area GDP 0.8 1.5 1.3 1.5 Spain GDP 3.5 2.8 2.4 2.0 US GDP 2.8 2.1 2.6 2.0 Team Mar Bisquert PerlesData scientist Maitane LizarragaAnalyst David del ValSenior economist Adrià Morron SalmeronLead economist Josep Mestres DomènechLead economist Javier García ArenasSenior economist Imelda EstebanSenior economist Meet us Ana María PorrasOrganization Beatriz Villafranca SerranoEconomist Mireia CrusellsAnalyst Sergio DíazEconomist Jesús ViscarriOrganization David Martínez TuréganoSenior economist Roser FerrerSenior economist Meet us Luís Pinheiro de MatosEconomist Jesús Manuel Carrera MorenoResearch assistant Carolina CruzOrganization Marina Tombas SuñéData Scientist Rita Sánchez SolivaEconomist Oriol AspachsHead of Spanish Economics Ana Rincón GarcíaOrganization Meet us José Antonio Sánchez PalominoData scientist Zoel Martín VilatóEconomist David Cesar HeymannEconomist Ariadna Vidal MartínezLead economist Nuria BustamanteLead economist Patricia EstebanCommunication Oriol Carreras BaquerSenior economist Meet us Judit Montoriol GarrigaLead economist Enric FernándezChief Economist José Ramón DíezHead of International Economics & Markets Javier Ibáñez de Aldecoa FusterEconomist Alberto GrazianoSenior Data Scientist Léopold JouvenEconomist Eduard Alcobé GarciaData scientist Meet us Isabela Lara WhiteEconomist Pedro Álvarez OndinaEconomist Sandra Jódar RosellDirector of Strategic Planning Catalina BecuResearch assistant María Romero MeléndezEconomista Meet usPrint
Investment Investment growth, key to consolidating Spain’s economic expansion In this article, we analyse the factors behind the recent behaviour of investment in Spain, comparing the current investment cycle with the previous one (2014-2019) and contrasting the situation in Spain with that of its main euro area partners. Sergio Díaz 06 May 2026
Spain Balearic Islands The Balearic Islands is one of the most dynamic regions in the country. According to CaixaBank Research, the Balearic Islands’ GDP grew by 3.0% in 2025, above the Spanish average (2.8%). This was thanks to the upturn in tourism, which, in turn, boosted consumption and job… 30 April 2026
Spain Madrid AC The Madrid Autonomous Community’s economy is a key driver of the Spanish economy and has been highly buoyant in recent years, surpassed only by the island regions. At CaixaBank Research we estimate that Madrid’s GDP grew by 3.1% in 2025 (2.8% in Spain). This momentum is… 24 April 2026
Activity & growth The crisis in Iran: how much could it affect the Spanish economy? The war in the Middle East could generate a new shock to the global economy that would also affect the Spanish economy. In this article, we analyse the three main channels through which it could do so: the first is inflation, through the rising cost of energy, other… Several authors17 April 2026
Financial markets outlook The Middle East leaves a «furious» mark on financial markets CaixaBank Research 17 April 2026
European Union How far has the EU progressed on the Competitiveness Compass? David Martínez Turégano 17 April 2026
Big data The transmission of the interest rate cycle to households in Spain: micro-level evidence of a moderate adjustment and gradual recovery Several authors 17 April 2026
World outlook An uncertain energy shock hangs over the global economy CaixaBank Research 17 April 2026
Energy Spain in the face of the new energy shock: a comparison with Europe Zoel Martín Vilató 16 April 2026
Sectorial ReportReal Estate. Increasing supply, the great challenge of the Spanish real estate market S1 2026
Sectorial ReportTourism. Spanish tourism sector: from post-pandemic rebound to sustainable growth S1 2026
Investment Investment growth, key to consolidating Spain’s economic expansion Sergio Díaz 06 May 2026
Activity & growth The crisis in Iran: how much could it affect the Spanish economy? Several authors 17 April 2026
Financial markets outlook The Middle East leaves a «furious» mark on financial markets CaixaBank Research 17 April 2026
European Union How far has the EU progressed on the Competitiveness Compass? David Martínez Turégano 17 April 2026
Big data The transmission of the interest rate cycle to households in Spain: micro-level evidence of a moderate adjustment and gradual recovery Several authors 17 April 2026
World outlook An uncertain energy shock hangs over the global economy CaixaBank Research 17 April 2026
Energy Spain in the face of the new energy shock: a comparison with Europe Zoel Martín Vilató 16 April 2026