Wage dynamics in Spain: are low and high wages growing at the same pace? Spanish economy Josep Mestres Domènech July 12th, 2022
US: how can the acccumulated savings support the economy? International economy Clàudia Canals Antonio Montilla July 7th, 2022
Financial Markets Daily Report 29 July 2022 Investors continued to readjust their expectations about the future pace of monetary policy tightening, after data showed real GDP fell by 0.2% q/q in the US in Q2, the second consecutive quarterly decline. view Real estate Assessing the risk of a real estate bubble in developed markets The interest rate hikes being implemented by central banks in order to combat inflation are leading to concerns regarding the impact such tighter financial conditions may have on real estate markets. In many developed economies, house prices have risen considerably in recent years,… Pedro Álvarez Ondina 25 July 2022 United States of America US: how can the acccumulated savings support the economy? Although the savings rate in the US today is well below pre-pandemic levels, the savings accumulated during 2020 and 2021 due to the mobility restrictions and fiscal stimulus measures could continue to favour consumption in the remainder of 2022 and in 2023. Clàudia Canals Antonio Montilla 07 July 2022 Consumption Did consumption grow in Spain in Q2 2022? What the real-time data tell us According to CaixaBank’s internal data, consumption grew by 2.2% in Spain during Q2 2022, despite the decline in consumer confidence due to the inflationary pressures and economic uncertainty. Eduard Llorens i Jimeno 12 July 2022 Real estate How long can the real estate sector’s upward trend last? Despite the worsening economic situation there is a marked upward trend in the real estate sector with very strong demand and a notable rise in prices. For its part, the supply of new housing is being affected by the war in Ukraine as this has pushed up construction costs even… Judit Montoriol Garriga 25 July 2022 NGEU European NGEU funds in 2022 (and beyond): a clear commitment to green sustainability What is expected in 2022 in terms of sustainable investments? We gauge the importance of environmental sustainability in the European NGEU funds as part of the Recovery and Resilience Mechanism. Javier García Arenas 12 July 2022 Wages Wage dynamics in Spain: are low and high wages growing at the same pace? Wage incomes per employee increased by an average of 2.4% year-on-year in May according to our wages indicator. Are low-income workers’ wages growing at the same rate as those of high-income workers? Josep Mestres Domènech 12 July 2022 Federal Reserve (Fed) On the reduction of the central banks’ balance sheets Antonio Montilla Ricard Murillo Gili 10 June 2022 European Central Bank (ECB) Rate hikes in the euro area, under the microscope Eduard Llorens i Jimeno Rita Sánchez Soliva 10 June 2022 Government debt On the increase in sovereign debt yields Antonio Montilla 11 May 2022 Activity & growth European dependence on Russia: a primary issue Several authors 13 April 2022 Oil Russia puts the global outlook for oil in check Beatriz Villafranca Serrano 12 April 2022 Emerging economies China’s real estate sector (part II): emergency landing or low-altitude flight? Luís Pinheiro de Matos 15 March 2022 Publications Sectorial Report Real Estate. The upward trend in house prices will tend to moderate 2nd Semester 2022 Portugal Portugal's Macroeconomic & Financial Outlook 19 July 2022 Monthly Report July 2022 | No. 469 18 July 2022 Spain Spain's Macroeconomic & Financial Outlook 13 July 2022 Sectorial Report Manufacturing Industry 2022 Sectorial Report Agrifood. The agrifood sector in the face of higher inflation 1S 2022 Spain CaixaBank Sectoral Digitalisation Index 2020 20 July 2021 Opinion Editorial Summer assignment José Ramón Díez Head of International Economies and Financial Markets Key points of the month Will the Spanish economy hold out? Oriol Aspachs Spanish Economy Director Recommended Real estate Assessing the risk of a real estate bubble in developed markets Pedro Álvarez Ondina 25 July 2022 Real estate Where are house prices growing the most in Spain? Judit Montoriol Garriga 25 July 2022 Real estate The upward trend in house prices will tend to moderate Judit Montoriol Garriga 25 July 2022 Real estate Infographics. CaixaBank Research forecasts for spain’s real estate sector Judit Montoriol Garriga 25 July 2022 Real estate The strength of foreign demand for housing in Spain and its long-term outlook Javier Ibáñez de Aldecoa Fuster Judit Montoriol Garriga 25 July 2022 Real estate How long can the real estate sector’s upward trend last? Judit Montoriol Garriga 25 July 2022 Financial markets Questions and answers about the Euribor Ricard Murillo Gili Antonio Montilla 18 July 2022 Opinion Will the Spanish economy hold out? Oriol Aspachs 18 July 2022 Portugal outlook Portugal: strong growth, uncertain future 18 July 2022 Newsletter Being informed now is more important than ever Get our latest updates Sign in Hot topics Economic impact of the war in Ukraine Inflationary pressures and energy crisis Monetary and fiscal policy Covid-19 Long-term trends Climate change & green transition Demographics Technology Macrofinance Videos Análisis de coyuntura Perspectivas macroeconómicas para los meses siguientes Enric Fernández / 12/07/2022 Podcasts Análisis de coyuntura Revisión del escenario económico: menor crecimiento y mayor inflación Clàudia Canals / 25/07/2022 00:00 Forecasts Financial markets Interest rate (%) Update date 12-07-2022 /en/indicators-and-forecasts/forecasts-financial-markets Macroeconomic GDP (%) Update date 12-07-2022 /en/indicators-and-forecasts/macroeconomic-forecasts Team Ana María Porras Organization Rita Sánchez Soliva Economist Antonio Montilla Senior economist Enric Fernández Chief Economist Mar Bisquert Perles Data scientist Eduard Llorens i Jimeno Economist Judit Montoriol Garriga Lead economist Meet us Javier García Arenas Senior economist Patricia Esteban Communication Oriol Aspachs Spanish Economy Director Beatriz Villafranca Serrano Economist Alberto Graziano Senior Data Scientist Oriol Carreras Baquer Senior economist Ana Rincón García Organization Meet us Roser Ferrer Senior economist Nuria Bustamante Lead Economist Javier Ibáñez de Aldecoa Fuster Economist Ricard Murillo Gili Economist Pedro Álvarez Ondina Economist Ariadna Vidal Martínez Lead economist Josep Mestres Domènech Senior economist Meet us Adrià Morron Salmeron Lead economist Noemí Jiménez Analyst Luís Pinheiro de Matos Economist Carolina Cruz Organization Clàudia Canals Lead economist Mireia Crusells Analyst Jesús Viscarri Organization Meet us Sergio Díaz Economist Imelda Esteban Senior economist José Ramón Díez Head of International Economies and Financial Markets Sandra Jódar Rosell Director of Strategic Planning Meet us Print
Real estate Assessing the risk of a real estate bubble in developed markets The interest rate hikes being implemented by central banks in order to combat inflation are leading to concerns regarding the impact such tighter financial conditions may have on real estate markets. In many developed economies, house prices have risen considerably in recent years,… Pedro Álvarez Ondina 25 July 2022
United States of America US: how can the acccumulated savings support the economy? Although the savings rate in the US today is well below pre-pandemic levels, the savings accumulated during 2020 and 2021 due to the mobility restrictions and fiscal stimulus measures could continue to favour consumption in the remainder of 2022 and in 2023. Clàudia Canals Antonio Montilla 07 July 2022
Consumption Did consumption grow in Spain in Q2 2022? What the real-time data tell us According to CaixaBank’s internal data, consumption grew by 2.2% in Spain during Q2 2022, despite the decline in consumer confidence due to the inflationary pressures and economic uncertainty. Eduard Llorens i Jimeno 12 July 2022
Real estate How long can the real estate sector’s upward trend last? Despite the worsening economic situation there is a marked upward trend in the real estate sector with very strong demand and a notable rise in prices. For its part, the supply of new housing is being affected by the war in Ukraine as this has pushed up construction costs even… Judit Montoriol Garriga 25 July 2022
NGEU European NGEU funds in 2022 (and beyond): a clear commitment to green sustainability What is expected in 2022 in terms of sustainable investments? We gauge the importance of environmental sustainability in the European NGEU funds as part of the Recovery and Resilience Mechanism. Javier García Arenas 12 July 2022
Wages Wage dynamics in Spain: are low and high wages growing at the same pace? Wage incomes per employee increased by an average of 2.4% year-on-year in May according to our wages indicator. Are low-income workers’ wages growing at the same rate as those of high-income workers? Josep Mestres Domènech 12 July 2022
Federal Reserve (Fed) On the reduction of the central banks’ balance sheets Antonio Montilla Ricard Murillo Gili 10 June 2022
European Central Bank (ECB) Rate hikes in the euro area, under the microscope Eduard Llorens i Jimeno Rita Sánchez Soliva 10 June 2022
Emerging economies China’s real estate sector (part II): emergency landing or low-altitude flight? Luís Pinheiro de Matos 15 March 2022
Sectorial Report Real Estate. The upward trend in house prices will tend to moderate 2nd Semester 2022
Real estate Assessing the risk of a real estate bubble in developed markets Pedro Álvarez Ondina 25 July 2022
Real estate The upward trend in house prices will tend to moderate Judit Montoriol Garriga 25 July 2022
Real estate Infographics. CaixaBank Research forecasts for spain’s real estate sector Judit Montoriol Garriga 25 July 2022
Real estate The strength of foreign demand for housing in Spain and its long-term outlook Javier Ibáñez de Aldecoa Fuster Judit Montoriol Garriga 25 July 2022
Real estate How long can the real estate sector’s upward trend last? Judit Montoriol Garriga 25 July 2022
Financial markets Questions and answers about the Euribor Ricard Murillo Gili Antonio Montilla 18 July 2022
