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null The Spanish Economy in the Coming Months: Seven Predictions

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The Spanish Economy in the Coming Months: Seven Predictions
25 May 2021
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Clock 10 mins.
CATEGORIES: AER Premium Spain Macro Spain Consumption Real Estate Coronavirus Sector turístico
ANALYSTS:
dot
Ignacio de la Torre
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Leopoldo Torralba
Economic performance during the pandemic has continually surprised economists. An exogenous crisis (i.e. one caused by a pathogen) should not be dealt with in the same way as an endogenous crisis (one following a real estate crash, for example). Arcano Economic Research has been anticipating for some time now that the Spanish economy would begin a strong recovery from April onwards. We base our assumptions on the correlation between public health data and people’s propensity to consume. As of today, the available data points to our predictions being correct.
dot How will the Spanish economy perform in the coming months?
dot How will consumption react?
dot Will tourism be reactivated?
dot What about the real estate sector, both in terms of housing prices and the return to office space?

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