All this suggests that we are unlikely to see another significant rebound in inflation in the coming months, and if this scenario materialises as anticipated, households will be able to continue to recover the purchasing power which they have lost in recent quarters.
Search results
We analyse the improvement in Portuguese companies’ financial position due to their reduced levels of debt.
Spain’s tourism sector has accelerated once again. After several years of intense post-pandemic recovery, the pace of growth began to slow in 2025, but the high season data for 2026 confirms a new shift of gears.
We summarise the current situation and future outlook for the Spanish tourism sector, as set out in the Tourism Sector Report S1 2023, in this preview from the September edition of the CaixaBank Research Monthly Report.
India and China have undergone an unprecedented economic transformation in recent decades, but their growth trajectories have followed diverging paths. In this article, we compare the two models from a long-term perspective, breaking down the factors that have driven their economies: capital, labour and productivity.
The 20 economies that make up the Euro area have a single currency with a common monetary policy and, implicitly, a fixed exchange rate. However, in the last two years the region has suffered significant discrepancies in the inflation rates of its member countries. What is behind this dispersion?
In this two-part study, we look at how China has become the centre of gravity of Asian value chains in recent decades and how this has affected trade flows in the surrounding countries, and in particular those of ASEAN member states.
In this two-part study, we look at how China has become the centre of gravity of Asian value chains in recent decades and how this has affected trade flows in the surrounding countries, and in particular those of ASEAN member states.
In the midst of the Fourth Industrial Revolution and an intense geopolitical battle that is likely to lead to a multi-polar world, the major economies must choose their game-play strategy.
After years of rapid expansion, the Chinese authorities have decided to put a stop to excessive leveraging in the real estate sector. Beginning in the summer of 2020 new limits on access to credit for property developers were imposed and the sector entered a prolonged phase of adjustment in which it still remains today.
Dining out in Spain shows a clear pattern of concentration towards the end of the week, with a higher average spend, suggesting an increasing trend towards more social and discretionary consumption, with seasonal variations.
The Portuguese economy is showing remarkable resilience in 2025, driven mainly by a buoyant labour market and increasingly strong investment.
The Spanish economy is showing solid domestic demand and a capacity to continue to drive growth, if the international context allows it and if it can successfully overcome the main challenges it faces following the summer break.
After performing better than expected in the first half of 2023, global economic activity has experienced a slowdown in Q3 as a result of differing dynamics among the major economies. Below, we take a look at the outlook for the international economic environment.
We have developed a real-time indicator based on payrolls deposited into CaixaBank accounts in order to analyse wage trends in Spain. The indicator provides very up-to-date information on wage dynamics, with a high degree of detail at the geographic and sectoral level.
The financial position of Spanish households has improved in aggregate terms: incomes have grown significantly, wealth continues to recover, indebtedness has decreased, and the financial burden is at a minimum. However, generational inequalities persist.
Spain is the country where net wealth has increased the most since the pandemic: from Q4 2019 to Q3 2023 there was a significant increase of 25%, followed closely by Germany with 22%, France with 16% and, further behind, Italy with 6.0%.
Small mid-caps could benefit from more proportionate regulation that facilitates the scale-up of Europe’s productive sector, an idea which the Draghi report stressed in order to regain global competitiveness.
The Chinese authorities seem willing to tolerate a slower pace of growth, prioritising economic security. What implications will this new macroeconomic environment have for China and what will be the ramifications globally?