Key issues

Spain: moving towards more sustainable growth

How have young adults changed their consumption and savings decisions?

Consumption: less spending capacity and changes in consumption habits Young adults (20 to 39 years of age) in Spain and Portugal have been more severely affected than other demographic groups by a more volatile economic environment and the effects of the Great Recession. In Spain, household consumption has already reached almost pre-crisis levels on average, yet this is not the case among young people. Specifically, according to the Spanish household budget survey, the population’s average annual expenditure per household in 2017 stood 4% below that of 2006 (in nominal terms)...

Monthly Report - DossierOriol Carreras, Marc Miró