The US-Iran agreement alleviates adverse scenarios for the international economy
The evolution of the conflict in the Middle East remains key for the global outlook. Following the reopening of the Strait of Hormuz, the data show a somewhat erratic increase in trade flows, consistent with warnings from various international agencies that normalisation…
From the weekday set menu to Saturday night: weekly consumption patterns in Spanish restaurants
Dining out in Spain shows a clear pattern of concentration towards the end of the week, with a higher average spend, suggesting an increasing trend towards more social and discretionary consumption, with seasonal variations.
Europe needs to channel its high savings into productive investments
In Europe, a significant portion of household wealth remains concentrated in housing and deposits, whereas in the US, the greater presence of investments in stocks and funds reflects the existence of deeper, more liquid and developed capital markets.
14 July 2026
European inflation: taking stock of the Middle East shock
The conflict in the Middle East has raised European inflation to around 3% and has pushed the ECB out of its comfort zone. On 11 June, the central bank raised interest rates, and both its recent communications and financial market prices suggest that it will do so again…
