Las condiciones financieras detrás del escenario económico en 2026 Mercados financieros CaixaBank Research Lun, 08/06/2026 - 12:18
Macroeconomic outlook for Spain in 2026: resilience in uncertain times Spanish economy Oriol Carreras Baquer Thu, 06/11/2026 - 13:07
Financial Markets Daily Report 11 June 2026 Risk-off sentiment built through Thursday’s session, initially driven by AI-led weakness in tech, followed by a mixed May US CPI (headline in line with expectations and core MoM below), and later by renewed geopolitical tensions after Trump announced a second round of US strikes on Iran, which started already around the US close. Spain Macroeconomic outlook for Spain in 2026: resilience in uncertain times The macroeconomic landscape is once again constrained by a geopolitical conflict. The crisis between the US and Iran, which began over three months ago, remains under a fragile truce. However, the Strait of Hormuz remains closed, which is currently the most damaging… Oriol Carreras Baquer 11 June 2026 Activity & growth Spain: key drivers of regional growth in 2026 The new GDP growth forecast by autonomous community for 2026 presents a mixed picture: the regions of the Mediterranean arc and the archipelagos will experience stronger growth, while the Cantabrian coast and much of the interior will record more modest rates. Nuria Bustamante 11 June 2026 Public accounts The public accounts under scrutiny: the deficit reduction this year will be limited and significant medium-term challenges emerge At the end of April, the government submitted to the European Commission the 2026 Annual Progress Report (APR), the document which tracks progress against the 2025-2028 fiscal and structural plan to which it committed with Brussels. In this article, we analyse the state… Javier García Arenas 11 June 2026 Activity & growth International economic outlook At the close of this report, the conflict in the Middle East remains unresolved and continues to exert pressure on the price of energy and its derivatives. The duration of the conflict will be crucial in assessing its economic impact. The region produces nearly 30% of the… Rita Sánchez Soliva 11 June 2026 Spain Castile and León 10 June 2026 Spain Cantabria 10 June 2026 Currencies EUR/USD CaixaBank Research 28 May 2026 Artificial intelligence (AI) AI adoption in Spanish firms is advancing rapidly but remains limited and uneven Javier García Arenas Pedro Álvarez Ondina 18 May 2026 Tourism What do high-frequency data tell us about international tourism in Spain after the outbreak of the war in Iran? David Cesar Heymann 18 May 2026 Spain's outlook The Spanish economy remains resilient in an uncertain environment CaixaBank Research 18 May 2026 Publications Monthly ReportNo. 511| The present and futures of the new AIconomy May 2026 SpainSpain’s Macroeconomic & Financial Outlook11 June 2026 Sectorial ReportReal Estate. Increasing supply, the great challenge of the Spanish real estate market S1 2026 Sectorial ReportTourism. Spanish tourism sector: from post-pandemic rebound to sustainable growth S1 2026 PortugalPortugal’s Macroeconomic & Financial Outlook13 February 2026 Sectorial ReportAgrifood. The Spanish agrifood sector gains momentum 2025 Sectorial ReportSectoral Observatory S1 2025 Sectorial ReportManufacturing Industry 2023 Opinion Editorial Economy and markets between two tides: geopolitics and artificial intelligence José Ramón Díez Head of International Economics & Markets Key points of the month Hormuz: time is against us Oriol Aspachs Head of Spanish Economics Recommended Spain Macroeconomic outlook for Spain in 2026: resilience in uncertain times Oriol Carreras Baquer 11 June 2026 Activity & growth Spain: key drivers of regional growth in 2026 Nuria Bustamante 11 June 2026 Public accounts The public accounts under scrutiny: the deficit reduction this year will be limited and significant medium-term challenges emerge Javier García Arenas 11 June 2026 Activity & growth International economic outlook Rita Sánchez Soliva 11 June 2026 Artificial intelligence (AI) AI adoption in Spanish firms is advancing rapidly but remains limited and uneven Javier García Arenas Pedro Álvarez Ondina 18 May 2026 Tourism What do high-frequency data tell us about international tourism in Spain after the outbreak of the war in Iran? David Cesar Heymann 18 May 2026 Spain's outlook The Spanish economy remains resilient in an uncertain environment CaixaBank Research 18 May 2026 European Union Shadows (and some light) in Europe’s industrial decline David Martínez Turégano 18 May 2026 Financial markets What markets tell us about macroeconomics Isabela Lara White Jesús Manuel Carrera Moreno 18 May 2026Most readMacroeconomic outlook for Spain in 2026: resilience in uncertain timesInternational economic outlookStock market fear gives way to market optimism fuelled by the FedShadows (and some light) in Europe’s industrial declineSpain’s Macroeconomic & Financial Outlook NewsletterBeing informed now ismore important than everGet our latest updates Sign in Hot topics Reactivation or deceleration? Demographics Podcasts La economía de la IA: de la carrera global a la productividad 22/05/2026 Forecasts Financial markets Interest rate (%)Update date 09-06-20262024202520262027 Fed Funds 4.25 3.50 3.50 3.00 ECB Refi 3.24 2.15 2.65 2.15 Macroeconomic GDP (%)Update date 09-06-20262024202520262027 Euro area GDP 0.9 1.5 0.7 1.2 Spain GDP 3.5 2.8 2.1 1.8 US GDP 2.8 2.1 2.1 2.1 Team Carolina CruzOrganization Jesús Manuel Carrera MorenoResearch assistant Beatriz Villafranca SerranoEconomist José Ramón DíezHead of International Economics & Markets Eduard Alcobé GarciaData scientist Mar Bisquert PerlesData scientist Judit Montoriol GarrigaLead economist Meet us Pedro Álvarez OndinaEconomist José Antonio Sánchez PalominoData scientist Javier García ArenasSenior economist Nuria BustamanteLead economist David Martínez TuréganoSenior economist Ariadna Vidal MartínezLead economist Luís Pinheiro de MatosEconomist Meet us Rita Sánchez SolivaEconomist Imelda EstebanSenior economist Roser FerrerSenior economist Javier Ibáñez de Aldecoa FusterEconomist David Cesar HeymannEconomist Josep Mestres DomènechLead economist Oriol Carreras BaquerSenior economist Meet us Mireia CrusellsAnalyst Zoel Martín VilatóEconomist Maitane LizarragaAnalyst Patricia EstebanCommunication Sandra Jódar RosellDirector of Strategic Planning Isabela Lara WhiteEconomist Catalina BecuResearch assistant Meet us Marina Tombas SuñéData Scientist Ana Rincón GarcíaOrganization Sergio DíazEconomist Léopold JouvenEconomist Ana María PorrasOrganization María Romero MeléndezEconomista Enric FernándezChief Economist Meet us David del ValSenior economist Alberto GrazianoSenior Data Scientist Oriol AspachsHead of Spanish Economics Jesús ViscarriOrganization Adrià Morron SalmeronLead economist Meet usPrint
Spain Macroeconomic outlook for Spain in 2026: resilience in uncertain times The macroeconomic landscape is once again constrained by a geopolitical conflict. The crisis between the US and Iran, which began over three months ago, remains under a fragile truce. However, the Strait of Hormuz remains closed, which is currently the most damaging… Oriol Carreras Baquer 11 June 2026
Activity & growth Spain: key drivers of regional growth in 2026 The new GDP growth forecast by autonomous community for 2026 presents a mixed picture: the regions of the Mediterranean arc and the archipelagos will experience stronger growth, while the Cantabrian coast and much of the interior will record more modest rates. Nuria Bustamante 11 June 2026
Public accounts The public accounts under scrutiny: the deficit reduction this year will be limited and significant medium-term challenges emerge At the end of April, the government submitted to the European Commission the 2026 Annual Progress Report (APR), the document which tracks progress against the 2025-2028 fiscal and structural plan to which it committed with Brussels. In this article, we analyse the state… Javier García Arenas 11 June 2026
Activity & growth International economic outlook At the close of this report, the conflict in the Middle East remains unresolved and continues to exert pressure on the price of energy and its derivatives. The duration of the conflict will be crucial in assessing its economic impact. The region produces nearly 30% of the… Rita Sánchez Soliva 11 June 2026
Artificial intelligence (AI) AI adoption in Spanish firms is advancing rapidly but remains limited and uneven Javier García Arenas Pedro Álvarez Ondina 18 May 2026
Tourism What do high-frequency data tell us about international tourism in Spain after the outbreak of the war in Iran? David Cesar Heymann 18 May 2026
Spain's outlook The Spanish economy remains resilient in an uncertain environment CaixaBank Research 18 May 2026
Sectorial ReportReal Estate. Increasing supply, the great challenge of the Spanish real estate market S1 2026
Sectorial ReportTourism. Spanish tourism sector: from post-pandemic rebound to sustainable growth S1 2026
Economy and markets between two tides: geopolitics and artificial intelligence José Ramón Díez Head of International Economics & Markets
Spain Macroeconomic outlook for Spain in 2026: resilience in uncertain times Oriol Carreras Baquer 11 June 2026
Public accounts The public accounts under scrutiny: the deficit reduction this year will be limited and significant medium-term challenges emerge Javier García Arenas 11 June 2026
Artificial intelligence (AI) AI adoption in Spanish firms is advancing rapidly but remains limited and uneven Javier García Arenas Pedro Álvarez Ondina 18 May 2026
Tourism What do high-frequency data tell us about international tourism in Spain after the outbreak of the war in Iran? David Cesar Heymann 18 May 2026
Spain's outlook The Spanish economy remains resilient in an uncertain environment CaixaBank Research 18 May 2026
European Union Shadows (and some light) in Europe’s industrial decline David Martínez Turégano 18 May 2026
Financial markets What markets tell us about macroeconomics Isabela Lara White Jesús Manuel Carrera Moreno 18 May 2026