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October 24, 2024
This Observatory evaluates the factors explaining the cyclical behavior of GDP and private consumption in Spain up to Q2 2024. It analyzes the supply and demand factors behind the GDP per working-age person (PET) gap of -1.3 pp from its trend level and the weaker performance of consumption compared to pre-pandemic levels.
April 27, 2023
This Observatory evaluates the factors explaining the behavior of the Spanish economy during 2022, and estimates the structural shocks behind the growth of GDP per working-age person (WAP), the GDP deflator and real wages.
October 21, 2022
This Economic Watch evaluates the factors that explain the behavior of the Spanish economy between the third quarter of 2020 and the second quarter of 2022, and estimates the structural shocks behind the growth of GDP per working-age person (WAP), the GDP deflator and real wages.
January 3, 2022
The new labor reform was achieved with a social consensus. It clears up uncertainties, makes several improvements and avoids going back on key progress made in the last decade. But it is not ambitious enough to solve the structural problems of the Spanish labor market.
October 26, 2021
This Economic Watch updates the analysis of the factors determining the economic cycle in Spain, with the information available up to the second quarter of 2021, including the major revision of GDP and its components carried out by INE in september.
