Searcher
Giancarlo Carta
Giancarlo Carta
Economist
Spain

Giancarlo Carta has been a BBVA Research economist since 2017, and he has spent his whole career to date in the BBVA Group. Currently he is a member of the Spain Unit, where he handles some of the analysis of Spanish regions within BBVA Research.

 

Prior to this, he used to be part of the CEO Office, where he was in charge of the bank’s financial analysis (both for the Board of Directors and for the market and analysts), as well as strategic (KPI tracking) and communication projects.

 

In 2013 he received a Degree in Economic Development and International Cooperation from the University of Palermo (Italy - Final Grade 110/110 cum laude). In 2015 he finished a Master’s Degree in International Economy in the Autonomous University of Madrid.

Latest publications

Growth revised downwards due to weak European consumption and demand, with more impact on northern regions and tourist destinations.
Despite the positive seasonality, employment increased by only 69,400 people (1.8% a/a), less than expected. This, combined with the rise in active population, led to a modest fall in the unemployment rate (-0.1pp to 13.9%). Excluding seasonality, employment stagnated and the unemployment rate rebounded to 14.4%
At the start of 2019, growth returns to Madrid and the Mediterranean area, due to the dynamism of private consumption, domestic tourism and, to a lesser extent, exports of goods