May 2023 | No. 478

May 2023 | No. 478

May 2023 | No. 478

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IM 05

Editorial

The Spanish economy starts the year on a good footing

Oriol Aspachs CaixaBank Research

Key points of the month

Flexibility in times of uncertainty

José Ramón Díez

José Ramón Díez

Forecasts and indicators

Forecasts Key indicators

Financial markets

Economic outlook

Tense calm and spring recovery in the financial markets

Focus

Financial stability considerations amid monetary tightening

David del Val

Antonio Montilla

International economy

Economic outlook

A better start to the year for the international economy, but questions remain

Focus

Emerging markets amid US rate hikes and the recent financial turbulence

Rita Sánchez Soliva

Beatriz Villafranca Serrano

Spanish economy

Economic outlook

The Spanish economy concludes a strong first quarter

Focus

Notable reduction in Spanish household savings in 2022: deep dive

Javier García Arenas

Focus

Rising food prices in Spain: what lies ahead?

Javier Ibáñez de Aldecoa Fuster

Portuguese economy

Economic outlook

Positive surprise from Portuguese GDP in Q1

Focus

How is the Portuguese Recovery Plan going?

Teresa Gil Pinheiro