๐ช๐ธ Oil Price Shock Impact on Spain
Modeled estimates of how a sudden oil price increase (to $128/barrel, realistic sensitivity) would affect different sectors of Spain's economy.
Sectors
- โ๏ธ Travel & Tourism โ estimated +12.4% to +22.7%
- ๐ Transportation โ estimated +16.5% to +30.3%
- ๐ Food & Groceries โ estimated +6.2% to +15.2%
- โก Energy โ estimated +20.7% to +37.9%
- ๐๏ธ Construction โ estimated +8.3% to +17.7%
- ๐ General Cost of Living โ estimated +10.4% to +20.2%