US EditionThe Banco De españa Estimates that Inflation Would Skyrocket to 6% if the War Is Not Resolved in 2026.
15 Articles
15 Articles
Lowers its growth estimate to 2,3 % in 2026 and 1,7 % in 2027
The Banco de España predicts that inflation will rise this year to 3% - in March it has stood at 3.3%, according to the INE published this Friday - because of the impact of the war in Iran and that GDP will rise by a tenth instead of two, to 2.3%. According to the Banco de España, the Spanish economy has shown great dynamism in the last quarter of 2025 and in the first months of 2026, which would increase its forecast of growth by two tenths, to…
The supervisor improves the economic forecasts for this year to 2.3%, despite the conflict, but designs several assumptions depending on how oil prices advance and if the situation in the Middle East abatesInflation is triggered to 3.3% by the war in the Middle East The Banco de España predicts that the worst scenario of the war in the Middle East will slow down the economic growth of Spain and skyrocketed inflation, due to the effect of the ris…
With almost a month of the war in Iran, the Banco de España has prepared its macroeconomic projections in which it anticipates an increase in the cost of living that, in the worst case scenario, can be placed at an annual inflation rate of 5.9% for this 2026 and an increase in activity that is set at 1.9% in the worst possible scenario of the war. These are the most extreme magnitudes raised by the agency if the conflict lasts too long. These ca…
All economic forecasts have become a high-risk exercise in just a month. The clear responsibility is the war in Iran, which has opened a window of uncertainty so great — with enormous disruptive potential — that no one dares to give closed statistics on what can happen in what remains in 2026. The Banco de España estimates that the Spanish economy will grow by 2.3% this year — 1.7% next year — one tenth more than its December forecasts. But with…
The economic impact of the war in the Middle East, although uncertain in its size, is beginning to leak to the economic forecasts.The Bank of Spain’s projections, published on Friday, point out that, in the worst possible scenario, inflation could skyrocket up to 5.9% this year (4.8 points more than expected in December) and economic growth would decline to 1.9% (three tenths less). An inflation crisis that would also continue in 2027, with an a…
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