The CPI (Consumer Price Index) continues its upward trend, closing October one tenth of a percentage point higher than at the end of September, with an increase of 3.1%. The INE (National Institute of Statistics) explained that the rise in the CPI in October is due to electricity prices increasing more than in the same month of 2024. In addition to electricity, the prices that are pushing inflation up the…
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Bankinter | Industrial production in Eurozone countries grew less than expected in September: 1.2% year-on-year versus 2.1% expected and 1.2% previously (revised from 1.1%). In month-on-month terms, 0.2% versus 0.7% versus a drop of 1.1% (revised from 1.2%). By country, Germany continues to slow down its growth (down 0.8%). Analysis team’s view: Industrial production, which is highly dependent on the foreign sector, continues to be affected by US tariffs and…
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Bankinter | OPEC estimates that there will be an oil surplus of 20,000 bpd in 2026, which contrasts with the deficit forecast in previous reports: 70,000 bpd in September and 50,000 bpd in October. Yesterday, Brent fell by almost 4% for this reason. This contrasts with what the International Energy Agency (IEA) published the day before: global demand for oil and gas will increase over the next 25 years, as…
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Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…
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In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…
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