Spanish Companies Report Lesser Impact of Iran Conflict on Demand and Investment
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Spanish companies have reported a decrease in the negative effects of the conflict in Iran on both international and domestic demand in the third quarter of 2026, according to the Bank of Spain's Business Activity Survey (EBAE). The proportion of companies reporting negative or very negative effects on international demand decreased to 27.8% from 30.3% in the second quarter, and for domestic demand, it decreased to 33.7% from 36.5%. Additionally, the percentage of companies indicating a negative effect on investment decisions due to increased uncertainty dropped slightly to 40.9% from 43.2% in the previous quarter.
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