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January 29, 2025
The reactivation of the economy after the dana and the measures approved justify that in 2025 and 2026 growth could reach 2.7% if the aid arrives quickly and reaches the announced amount. Domestic demand will be supported by the fall in inflation and interest rates and by the increase in wages and employment.
January 23, 2025
In 2024, growth is revised upwards due to the boost in domestic consumption and tourism. The end of the drought, the improvement of the European economy, and the reduction of interest rates will help sustain growth, affected by the impact of the dana and possible changes in tariff policy in the US.
December 13, 2024
Five weeks after the DANA (December 3–9), most indicators in Valencia province displayed stronger performance than those in the rest of Spain. However, foreign card spending continued to lag behind the national growth rate.
December 5, 2024
One month after DANA (week from November 26 to December 2), the majority of indicators in the province of Valencia show a similar evolution to that observed in the rest of Spain, highlighting the acceleration shown in spending by foreigners, car registrations and the most affected municipalities.
November 29, 2024
Spending in the province of Valencia rebounded during the week of November 19 to 25. The growth differential with the rest of Spain became positive in most indicators, although the most affected municipalities still show significant falls.
November 25, 2024
Observing the performance of the economy in real time and at high granularity is vital to quickly measure the economic impact of an exceptional event such as the recent DANA that has left a lasting impact in our country, especially in Valencia.
November 22, 2024
During the week of November 12 to 18, the improvement trend in most spending indicators stopped. Growth rates have shown a similar behavior to that of the previous week, maintaining a negative gap with respect to the evolution observed in the rest of Spain.
November 15, 2024
Most indicators show an improvement in economic activity in Valencia during the week of November 5 to 11, although both the growth rates and, more importantly, the levels remain below what would have been observed without the DANA, particularly in the hardest-hit municipalities, where significant impacts are still evident.
November 8, 2024
The objective of the first issue of this weekly observatory is to contribute to monitoring the economic impact of DANA on families and companies in the affected areas, report on the relief provided by public policies and provide data that can help improve them.
October 22, 2024
In 2024, prospects will improve, with service exporting communities benefiting most, while stagnant exports limit the progress of many industrial regions. In 2025, growth moderates and shifts to areas with less tourism weight.
September 20, 2024
Climate is a relevant factor in the choice of a tourist destination. Changes in climate conditions could alter the seasonal and geographical pattern of tourism in Spain, with the impact depending on the adaptation policies implemented.
July 2, 2024
In 2024, the Spanish economy presents a heterogeneous outlook, with different autonomous communities showing significant variations in their growth prospects. In this quarter's BBVA Research Regional Economic Outlook report we explore the most relevant economic trends and challenges for this year and next.
