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A new indicator of the monthly expenditure at petrol stations using anonymised data from CaixaBank customers shows us how we have adapted our fuel consumption to the rise in prices.

There are still few large companies in Spain, especially when compared to the major developed countries. This is undoubtedly one of the main reasons why the productivity of the Spanish economy remains relatively low.

Today marks the publication of the first CaixaBank Sectoral Digitalisation Index, a tool which measures Spanish companies’ degree of digitalisation in relation to the European technological frontier.

The saving capacity of households is being reduced due to the rise in inflation. Nevertheless, the level of savings in 2021 was still high.

The tourism sector is proving to be one of the biggest beneficiaries of the rapid recovery in international mobility. The sectoral indicators paint a very positive picture for the remainder of 2022, meaning it can act as a driver for the Spanish economy at a time when many other sectors are enduring a difficult context.

The deluge of bad omens that is ravaging the difficult context we have been living through of late conceals a much more hopeful reality: the strength of the Spanish labour market. Its recent evolution continues to offer surprises, and in a good way. It is worth highlighting.

The government has presented a second action plan to cushion the economic impact of the current high inflation. According to government estimates, this second package will have a budget impact of more than 9 billion euros (0.7% of GDP), which includes 5.5 billion in new expenditure and 3.6 billion in reduced revenues due to cuts in electricity taxes.

The Spanish government has presented to parliament the Draft General State Budgets for 2022 and has sent to Brussels its Budget Plan showing a picture of the consolidated general government accounts. What lies behind these figures? In which categories will the deficit reduction be concentrated?

We disaggregate job creation among the main branches of economic activity in order to assess whether the improvement in the labour market is widespread or is concentrated in certain sectors and is due to specific factors.

The main indicators concerning the Spanish economy have improved slightly during the last month. This alleviates fears of a sharp decline in economic activity and, indeed, opens the door to the possibility of the year ending without a contraction in GDP.

We analyse the support measures for households, the productive sector and those aimed at reducing electricity bills designed by the Spanish government to alleviate the effects of high inflation in 2023.

The measures imposed in Europe to contain the COVID-19 have led to a marked increase in the savings of European households. Will European households spend these forced savings when the restrictions are lifted? At what speed? How will this impact economic growth?