Search results

The postponement of interest rate cut expectations that had begun in February extended to March, with investors consolidating the idea that the central banks are not in such a hurry to relax financial conditions so soon.

The high season for Spain’s tourism sector has turned out better than expected in 2025, confirming our view that tourism growth is normalising at solid levels: CaixaBank Research forecasts that tourism GDP will grow by 2.7% in 2025 and by 2.5% in 2026.

Since its implementation on 15 June, the so-called Iberian «gas cap» mechanism has brought about a major shift in the way the Spanish electricity system operates. In this article we analyse the effect it has had on electricity prices and some externalities it has introduced.

We describe where the Spanish housing market currently lies using the "real estate clock”, a tool which shows how house prices and sales in Spain evolve over the course of the cycle.