January 2022 | No. 463

January 2022 | No. 463

January 2022 | No. 463

Dossier

Energy prices: present and future

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El precio de la energía: presente y futuro

Editorial

José Ramón Díez

Head of International Economies and Financial Markets

Key points of the month

Are we in a better or worse position than we expected?

Spanish Economy Director

Forecasts and indicators

Forecasts Key indicators

Financial markets

Economic outlook

The resilience of the financial markets in 2021

Focus

Emerging Markets monetary policy: tough times ahead

Beatriz Villafranca Serrano

International economy

Economic outlook

The evolution of the pandemic will continue to set the pace of the global economy

Focus

China’s real estate sector: size does matter

Luís Pinheiro de Matos

Spanish economy

Economic outlook

2022, the year to underpin the recovery of the Spanish economy

Focus

The growth of housing demand, one of the most positive surprises of 2021

Pedro Álvarez Ondina

Portuguese economy

Economic outlook

Portugal: 2021, the year of the recovery, and 2022, that of the consolidation

Focus

Housing prices in Portugal: solid foundations or feet of clay?

Tiago Belejo Correia

Focus

Why is there a lack of workers in Portugal?

Vânia Duarte

Dossier

Energy prices: present and future

The energy crisis in Europe

Luís Pinheiro de Matos

Ricard Murillo Gili

The Iberian electricity market and the price rally in Spain

Luís Pinheiro de Matos

Ricard Murillo Gili

Electricity prices are sky high, but what about household bills?

Alberto Graziano

Josep Mestres Domènech

Carbon prices: design and macroeconomic impact

Luís Pinheiro de Matos

Ricard Murillo Gili