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    May 17, 2022

    Spain | Brakes on housing investment

    Home sales have been rallying since the second half of 2020, yet supply is barely growing. If the factors behind the sector’s sluggish recovery are not promptly addressed, the resulting pressure will push prices even higher.

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    May 17, 2022

    Colombia | Strong dynamics of Colombia's economic activity at the beginning of 2022

    In the first quarter, GDP grew 8.5% year-over-year and 1% quarter-over-quarter. Consumption remained a good dynamic driven by spending on durable and semi-durable goods and the services sector. Investment, which performed well, was driven by the purchase of machinery and the advance of intellectual property.

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    May 4, 2022

    Spain| Castile and Leon Economic Outlook 2022

    GDP growth in Castile and Leon could slow to 2.9% in 2022 and 2.1% in 2023. The impact of the invasion of Ukraine, the sanctions imposed on Russia and the increase in prices of raw materials and, above all, fuels, are weighing more heavily on growth in the more industrially-oriented regions.

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    February 15, 2022

    Colombia | Economic growth showed outstanding dynamics at year-end 2021

    In 2021, GDP grew 10.6% over 2020 and 2.8% respect to 2019, driven mainly by final consumption. Fixed investment, although it expanded above GDP, still failed to regain its pre-pandemic levels. We maintain our 2022 growth forecast at 4.0%.

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    November 29, 2021

    Colombia | Consumption is the protagonist

    The economy is recovering strongly, as confirmed by both third quarter growth data and our real-time indicators as of the third week of November. The protagonist of this recovery is both private and public consumption.

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    November 22, 2021

    Spain | Intangibles — the key to productivity

    Spain is among the eurozone countries with the lowest productivity and least investment in intangibles. In the future, it must make use of digitization and NGEU funds to increase intangible assets, particularly R&D and training of human capital — essential for driving productivity.

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    November 12, 2021

    Spain | The economic storm clouds are gathered mainly in the North

    In the last few months, a depression appears to have arrived that has poured cold water on economic forecasts — affecting in particular the autonomous communities of the North. This correction, however, does not stop us from repeating once again that in both 2021 and 2022, growth is expected to reach historical highs.

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    November 11, 2021

    Spain | Impact of the digitization boost and intangible assets on productivity

    Digitization has boosted productivity but the impact has been heterogeneous by country. Those with more intangible assets exhibit more sustainable growth. Spain should take advantage of the digital impulse and the NGEU funds to increase the capital in intangibles and to improve productivity levels.

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