Slowdown
The slowdown that is beginning to appear in the indicators is incorporated into the new CaixaBank Research forecasts, detailed in the following pages of this Monthly Report. Broadly speaking, the scenario anticipates positive activity growth, albeit more restrained…
15 June 2026
Uncertainty and resilience on the eve of summer
More than three months into the conflict in the Middle East, the effects of the supply shock triggered by the surge in energy prices will now become increasingly evident in the inflation and growth data. The combination of uncertainty and resilience that has characterised…
15 June 2026
Spain maintains solid growth despite heightened uncertainty
The macroeconomic outlook is once again influenced by increased geopolitical uncertainty due to the conflict in Iran, which is primarily affecting energy prices. Spain is facing this scenario from a solid starting position, following a dynamic 2025 and a…
The financial conditions behind the economic scenario in 2026
The conflict in the Middle East has caused the financial environment to take a step backwards. Although it has not experienced significant tightening overall, it is less favorable to the performance of economic activity in the coming quarters. The risks are high, and…
