https://www.bbva.com/en/ NEWS BBVA Sat, 13 Dec 2025 13:31:47 +0100 en-US hourly 1 https://www.bbva.com/en/economy-and-finance/bbva-research-raises-its-growth-forecast-for-spain-to-2-4-percent-in-2023-while-lowering-its-2024-forecast-to-2-1-percent/ Tue, 13 Jun 2023 11:09:30 +0000 https://www.bbva.com/?p=996060 ’Spain Economic Outlook’ paper published on Tuesday, this improvement is explained partly by revisions made by the Spanish statistics office, INE, but also by a surprisingly positive performance in exports, which offsets for slack internal demand. However, the BBVA research unit has lowered its growth forecast for 2024 from 2.6 percent to 2.1 percent, as uncertainty is expected to worsen across the world economy next year.]]> ’Spain Economic Outlook’ paper published on Tuesday, this improvement is explained partly by revisions made by the Spanish statistics office, INE, but also by a surprisingly positive performance in exports, which offsets for slack internal demand. However, the BBVA research unit has lowered its growth forecast for 2024 from 2.6 percent to 2.1 percent, as uncertainty is expected to worsen across the world economy next year.]]> https://www.bbva.com/en/bbva-research-downgrades-growth-forecasts-for-spain-to-account-for-the-impact-of-the-invasion-of-ukraine/ Thu, 07 Apr 2022 07:35:41 +0000 https://www.bbva.com/?p=904208 BBVA's research unit revised its Spanish GDP growth forecasts downward to 4.1% in 2022 and 3.3% in 2023 (from 5.5% and 4.9% previously). The downgrade takes account of the impact of the invasion of Ukraine, the sanctions imposed on the Russian economy, and steeply rising prices—especially for fuel and electricity—over the past few months, as indicated in the latest 'Spain Economic Outlook' report presented by Jorge Sicilia, Director of BBVA Research and BBVA Chief Economist, Rafael Doménech, Head of Economic Analysis, and Miguel Cardoso, Chief Economist for Spain.]]> BBVA's research unit revised its Spanish GDP growth forecasts downward to 4.1% in 2022 and 3.3% in 2023 (from 5.5% and 4.9% previously). The downgrade takes account of the impact of the invasion of Ukraine, the sanctions imposed on the Russian economy, and steeply rising prices—especially for fuel and electricity—over the past few months, as indicated in the latest 'Spain Economic Outlook' report presented by Jorge Sicilia, Director of BBVA Research and BBVA Chief Economist, Rafael Doménech, Head of Economic Analysis, and Miguel Cardoso, Chief Economist for Spain.]]> https://www.bbva.com/en/tr/garanti-bbva-awarded-for-its-macroeconomic-forecasts-for-turkey/ Wed, 12 May 2021 13:43:38 +0000 https://www.bbva.com/?p=839686 https://www.bbva.com/en/bbva-research-publishes-economic-analysis-strong-november-labor-market-report-amid-rising-uncertainty/ Thu, 12 Nov 2020 20:02:06 +0000 https://www.bbva.com/?p=803109 BBVA Research team.]]> BBVA Research team.]]> https://www.bbva.com/en/bbva-research-publishes-economic-analysis-signs-of-sustained-labor-market-momentum/ Wed, 16 Sep 2020 18:53:22 +0000 https://www.bbva.com/?p=787051 latest economic analysis from the BBVA Research team.]]> latest economic analysis from the BBVA Research team.]]> https://www.bbva.com/en/bbva-research-publishes-its-third-quarter-u-s-economic-outlook/ Thu, 20 Aug 2020 14:49:47 +0000 https://www.bbva.com/?p=780758 BBVA Research team has published its Economic Outlook for third quarter 2020, as the U.S. faces one of its most challenging environments in modern history.]]> BBVA Research team has published its Economic Outlook for third quarter 2020, as the U.S. faces one of its most challenging environments in modern history.]]> https://www.bbva.com/en/new-vehicle-sales-stronger-than-expected-in-2q20-according-to-bbva-research-auto-sales-chartbook/ Thu, 06 Aug 2020 20:43:10 +0000 https://www.bbva.com/?p=778339 BBVA Research published its July auto sales chartbook, noting vehicle sales exceeded expectations for the quarter, resulting in an upward revision to the economists’ annual forecast.  However, sales were still 33.7 percent below levels observed in 2Q2019, the worst decline since 2Q09.]]> BBVA Research published its July auto sales chartbook, noting vehicle sales exceeded expectations for the quarter, resulting in an upward revision to the economists’ annual forecast.  However, sales were still 33.7 percent below levels observed in 2Q2019, the worst decline since 2Q09.]]> https://www.bbva.com/en/bbva-research-publishes-2q20-economic-analysis/ Thu, 06 Aug 2020 12:13:47 +0000 https://www.bbva.com/?p=778158 BBVA Research team published its economic analysis of the drop in gross domestic product for second quarter 2020, noting it is the steepest decline in over-the-quarter growth since 1937, in the aftermath of the Great Depression.]]> BBVA Research team published its economic analysis of the drop in gross domestic product for second quarter 2020, noting it is the steepest decline in over-the-quarter growth since 1937, in the aftermath of the Great Depression.]]> https://www.bbva.com/en/bbva-research-publishes-july-u-s-regional-outlook-june-employment-report/ Mon, 06 Jul 2020 19:36:14 +0000 https://www.bbva.com/?p=770133 BBVA Research team has published two reports: its U.S. Regional Outlook for July, highlighting key factors impacting regional economies, along with its economic analysis of the U.S. employment report. The COVID-19 pandemic continues to impact job growth and other economic indicators.]]> BBVA Research team has published two reports: its U.S. Regional Outlook for July, highlighting key factors impacting regional economies, along with its economic analysis of the U.S. employment report. The COVID-19 pandemic continues to impact job growth and other economic indicators.]]> https://www.bbva.com/en/bbva-research-publishes-u-s-macroeconomic-pulse-for-april-2020/ Mon, 27 Apr 2020 18:34:22 +0000 https://www.bbva.com/?p=751139 U.S. Macroeconomic Pulse for April 2020, offering insight into the economic outlook as well as macro fundamentals.]]> U.S. Macroeconomic Pulse for April 2020, offering insight into the economic outlook as well as macro fundamentals.]]>