BBVA Research

BBVA Research is an organization that conducts economic analysis and forecasting. Recent news highlights their insights into the Spanish housing market, construction industry, and tourism sector. They are newsworthy due to their expertise in assessing the impact of global events, such as the war in Iran, on the Spanish economy. Their recent studies indicate a decline in individual investment in housing due to lower rental yields and warn that the war could further increase construction material costs, exacerbating the housing crisis. Despite these challenges, BBVA Research also notes the resilience of the Spanish tourism sector, with a significant increase in Semana Santa bookings, suggesting Spain is viewed as a safe haven for travelers. Their analysis provides valuable context for understanding current economic pressures and potential future trends in key sectors of the Spanish economy.