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Research


Spain Weekly

Our weekly flagship report offers insightful views on the most relevant events regarding economic indicators, banking and public sector issues. We focus our analysis on the implications of current events in the broad outlook for Spain.

Notes on Spain
Banking
Political Risk

Macro and Markets Research
Date   Tittle
07.03.26   The adjustment in the residential market is not driven by prices, but by volumes Only registered users can download this document  (227 kB.)
06.26.26   Tourism: diversification of demand cushions the sector´s slowdown Only registered users can download this document  (443 kB.)
06.19.26   Downward revision to our CPI forecasts thanks to a milder energy shock Only registered users can download this document  (453 kB.)
06.12.26   To continue growing, Spain must not only invest more, but also invest more wisely Only registered users can download this document  (210 kB.)
06.05.26   Economic growth: lack of private investment and capital Only registered users can download this document  (289 kB.)
05.29.26   March improves the outlook for Q1, but does not alter the underlying fragility of the external sector Only registered users can download this document  (258 kB.)
05.22.26   From the energy shock to the CPI: pass-through risks and corporate margins Only registered users can download this document  (209 kB.)
05.15.26   Household wealth continues to grow thanks to rising asset values Only registered users can download this document  (283 kB.)
05.08.26   Household net lending is slowing, whilst public finances continue to improve Only registered users can download this document  (259 kB.)
04.30.26   The LFS confirms the loss of momentum in the Spanish economy in Q1 2026 Only registered users can download this document  (267 kB.)
04.24.26   Energy shock and sectoral divergence: industry under pressure and more resilient services in Spain Only registered users can download this document  (328 kB.)
04.17.26   Tourism: signs of moderation in leading indicators against a backdrop of increased uncertainty Only registered users can download this document  (458 kB.)
04.10.26   Quarterly growth profile and transmission channels of the energy shock Only registered users can download this document  (241 kB.)
03.27.26   Macroeconomic scenarios in the face of geopolitical and energy risks in the Middle East Click on the icon to download the document  (208 kB.)
03.20.26   Net exports of non-tourism services have widened their surplus and strengthened their structural role Click on the icon to download the document  (562 kB.)
03.13.26   Household resilience in the face of a possible entrenchment of the conflict in the Middle East Click on the icon to download the document  (271 kB.)
03.06.26   Escalation in the Middle East: indirect vulnerability via energy and costs Click on the icon to download the document  (408 kB.)
02.27.26   Business margins continue to normalise in line with the eurozone Click on the icon to download the document  (183 kB.)
02.20.26   Public debt falls to 100.8% of GDP and will continue its downward trajectory until 2028 Click on the icon to download the document  (209 kB.)
02.13.26   Consumption will continue to grow in 2026, albeit at a more moderate pace than in 2025 Click on the icon to download the document  (263 kB.)
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