We analyse the price and cost competitiveness of export sales, as well as Spain’s current share of exports in a global scenario marked by rising trade tensions where the margins for competition appear to be narrowing.
Geopolitical events have once again taken centre stage, almost relegating to the background the assessment of the economic indicators published over the past month. The US attack on Iran has caused a spike in geopolitical instability and economic uncertainty, opening up a new source of risk in an environment characterised by the transactional stance of the Trump administration and the erosion of multilateral institutions.
