The health crisis caused by COVID-19 created an economic crisis from which it will take time to recover. Uncertainty is high given the nature of the recession, which has little to do with the classic boom-bust cycle caused by expansions of credit. In this report, we review key indicators of the Spanish economy, to assess the current situation and where we are heading.
Contents
- Economic activity
- Purchasing manager´s index
- Cyclical consumer demand
- Employment
- Money supply
- Consumer price index and industrial price index
- Banking-system assets
- Credit to households
- Credit trends
- Public deficit
- Current-account balance
- General situation
Author
- Ángel Martín Oro
Ángel Martín Oro is VP of Spain at UFM Market Trends in collaboration with Instituto Juan de Mariana. He is also a PhD-candidate in economics. He is also a senior consultant at iDen Global and was previously an editor at the financial portal inBestia.com. In addition, he is a professor of the OMMA Master of Economics. He is the author and co-author of numerous reports and articles, published in Spanish and international media, such as the Wall Street Journal and the Cato Institute.
