Economy… at a glance July-August 2019
National accounts, Spain In Q1 2019, GDP increased by 2.4% year-onyear (0.1pp more than the previous quarter). This evolution is mainly on the back of domestic demand contribution (2.2pp), despite it reporting a lower dynamism compared to Q4 2018 (2.5pp): • Business investment rose by 4.7%, which is 0.3pp more than in Q4 2018. • … Continued
Economy… at a glance June 2019
Growth forecasts, Spain For 2019, the Bank of Spain has raised its growth forecasts to 2.4%, up by 0.2pp than in March, given the favourable business investments and the positive contribution of the external demand, mainly due to the lower propensity to import. In addition, the Spanish economy grows on the back of a favourable … Continued
Quarterly Report. Perspectives on Global and Spanish economy Q2-2019
Overview of Pespectives on Global and Spanish economy Q2-2019 The main international organisations (IMF, OECD, European Commission, etc.) continue to downgrade their growth expectations in light of the new geopolitical and economic scenario. Q1 2019 has been marked by the darkening economic outlook, the waning confidence of the private sector, and the mounting global uncertainty, … Continued
Institutional Statement by the Círculo on the next European Elections
The Círculo de Empresarios has made a public Institutional Statement on the next European Elections and has highlighted the importance of the same. The Statement, entitled “European elections: A ballot that really matters“, has been developed by the Economy and European Union Committee, chaired by Juan María Nin, member of the Board of Directors.
Economy… at a glance May 2019
Growth Q1 2019 Spain In Q1 2019, GDP grew by 0.7% quarter-onquarter, its biggest progress since the end of 2017, standing at 2.4% year-on-year, 1.2 pp above the Eurozone average. The contribution of domestic demand to year-on-year growth reduced by 0.3 pp to stand at 2.2 pp, the lowest since Q4 2016. By components: • … Continued
“The most urgent problem in Spain is unemployment”
Interview with John de Zulueta, chairman of Círculo de Empresarios, at ‘Consejeros’ magazine. April 2019
Business Dynamism. The Barometer of the Círculos (Infographic)
Spain occupies the 36th position in the business dynamism pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Business Dynamism. The Barometer of the Círculos (Infographic)
Spain occupies the 36th position in the business dynamism pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Business Dynamism. The Barometer of the Círculos April 2019 (Infographic)
Spain occupies the 36th position in the business dynamism pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Economy… at a glance April 2019
Industrial production Spain The Industrial Production Index, after rising by 2.7% in January year-on-year, declined by 0.3% in February, due to the contraction of the production of the energy sector (-6.15%), of the durable consumer goods (-2.4%) and intermediate goods (-0.5%). By Autonomous Community, the industrial production increased in Castilla-La Mancha (5.1%), Aragon (3.4%) and Canary … Continued
Institutions. The Barometer of the Círculos (Infographic)
Spain occupies the 28th position in the institutions pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Institutions. The Barometer of the Círculos (Infographic)
Spain occupies the 28th position in the institutions pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Martina Larkin: prospects of the global economy for 2019
Martina Larkin, member of the Executive Committee of the World Economic Forum and member of the Advisory Board of Círculo de Empresarios, analyzes the outlook for the world economy in 2019, the possible risks derived from the slowdown and the main conclusions reached at the last summit in Davos.
Ignacio de la Torre: European Elections & Trade War
Ignacio de la Torre, chief of Economy and partner of Arcano Partners and member of the Advisory Board of Círculo de Empresarios, analyzes the political scenario before the impending European elections on May 26 and the possible impact on Spain derived from the trade war between China and the United States.
Financial system. The Barometer of the Círculos (Infographic)
Spain occupies the 27th position in the financial system pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Financial system. The Barometer of the Círculos (Infographic)
Spain occupies the 27th position in the financial system pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Economy… at a glance March 2019
Public accounts In January, the debt of public administrations reached €1.17 trillion, reporting a year-on-year increase of 2.6%, above the growth of the Spanish economy (2.4% in Q4 2018). Currently, the debt-to-GDP ratio is 97.4%, 2pp over the target set for 2019 (95.4% of GDP). Whereas, BBVA Research forecasts a public deficit of 2.7%* of … Continued
Labour Market. The Barometer of the Círculos 2019 (infographic)
Spain occupies the 68th position in the labour market pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Labour Market Infographic The Barometer of the Círculos
Spain occupies the 68th position in the labour market pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
Innovation. The Barometer of the Círculos 2019 (Infographic)
The Barometer of the Círculos seeks to provide society with clear and precise information about the strengths of the Spanish economy and how its imbalances and structural deficiencies can be resolved. In this infographic we show the position of Spain in a strategic issue such as innovation.
Innovation. Infographic The Barometer of the Círculos February 2019
The Barometer of the Círculos seeks to provide society with clear and precise information about the strengths of the Spanish economy and how its imbalances and structural deficiencies can be resolved. In this infographic we show the position of Spain in a strategic issue such as innovation.
Economy… at a glance February 2019
Debt of Public Administrations In 2018, the total closing balance at year end of the debt of the public administrations as a whole was €1.17 trillion, recording an increase of 2.3% YoY (€26.5bn). Thus, public debt reached 97% of GDP, one-tenth more than the objective established in the General State Budget PGE 2018. By levels … Continued
Infrastructure. The Barometer of the Círculos 2019 (Infographic)
Spain occupies the 10th position in the infrastructure pillar of the Global Competitiveness Index 2018-19 prepared by the World Economic Forum.
