Our analysis of Spain’s historically high growth rate in the fourth quarter of 2021 suggests 2022 will see the economy return to its prepandemic state. Uncertainty is very high because of decreased productivity, high inflation, the central bank’s contemplation about raising interest rates, and external factors (such as the situation in eastern Europe and the pandemic). This report includes a thorough review of the principal indicators in the Spanish economy and evaluates its present, past, and future conditions.
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
- David de Bedoya
David has over 5 years of working experience at Nazca Capital. Nazca Capital is a private equity firm which has managed over €1bn to invest in family-owned spanish companies since its foundation in 2001. David is working currently as an Investment Director. Previously, David worked in the corporate services industry in Europe during 4 years, having worked in investment banking (3 years advising mergers and acquisition in a pan european firm from its Madrid office) and in strategic consultancy specialised in the life science and med-tech sectors (based in Munich). David holds a degree in business administration specialized in finance and holds a degree in law, both from Universidad Pontificia Comillas, ICADE (Madrid).
