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AGP Executive Report

Last update: 14 minutes ago

Growth Outlook: The Bank of Spain has raised its 2026 growth forecast to 2.6%, but housing pressures remain a major risk as the crisis moves to the centre of the November election campaign. Business Costs: Nearly nine in 10 Spanish companies expect raw-material costs to rise, adding pressure as firms face an uncertain economic cycle. Tourism: Málaga hoteliers warn demand is cooling: occupancy is forecast to fall to 81.5% in October and 60.15% in November, prompting possible early closures and staff cuts. Agriculture: Fruit Attraction drew more than 121,000 professionals to Madrid, showcasing a sector that produces over 26 million tonnes a year and earns more than €22 billion from exports. Trade: The EU and China have reached a preliminary deal that could cut Chinese hybrid-car exports to Europe by more than half, with potential consequences for Spain’s automotive industry. Transport: Ouigo drivers have called six strike days across autumn and winter, threatening high-speed services on busy holiday weekends.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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3 hours ago

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