The Spanish economy has exhibited modest growth in total factor productivity (TFP) post-pandemic, with increases of 2.71% in 2022 and 1.05% in 2023, though it remains below the EU average. There’s potential for a 4.9% productivity boost if lagging companies align their efficiency with industry medians. The country’s strategic focus includes adapting its educational system to market needs and shifting its growth model, with a strong emphasis on renewable energy investments to aid decarbonization. Burgeoning energy policy reforms are a core agenda for fostering a more sustainable economy. The financial markets reflect cautious optimism, as indicated by the Ibex 35 gaining 0.63% to 11,761.4 points, amidst broader European stock market advances. Meanwhile, the government emphasizes a progressive international economic stance, navigating domestic challenges such as a looming housing crisis. These economic dynamics underline the critical need for targeted reforms to enhance productivity and ensure robust market performance.

The Brent is finishing the session with losses of (-0.72)%, going down to 80.33 dollars per barrel. The gold finished the session with an increase of 0.04%, quoting at 2684.9 dollars per ounce. Now, regarding equity, the EURO STOXX 50 at the end of the session lost (-0.51) %, going back to 4978.22 points. the DAX ended the session losing (-0.05) % going back to 20261.73 points, the FTSE 100 finished with losses of (-0.4)%, going back to 8200.39 points, and the EURONEXT 100 by the end of the day lost (-0.58)%, going back to 1474.52 points.

Throughout the day the following indicators indicators for Europe have been published: the Industrial production (YoY) of Italy in November (-1.5%).

The IBEX closed with losses of (-0.23 %) to get to 11754.9 points. The best performers of the day have been MERLIN PROPERTIES with a (+2.262 %), GRIFOLS with a (+1.328 %) and ACCIONA ENERGIA with an change of (+0.953%) on its values respectively. The worst performers of the day have been LABORATORIOS ROVI with a (-2.365 %), BBVA with a (-1.476 %) and BANCO SANTANDER with a change of (-1.111 %) on its values respectively.