A quarterly Banco de España survey of non-financial corporations on their business activity and their short-term outlook
What is the EBAE?
Constraints on activity
Prices and costs
Employment
Turnover
What information is collected?
- Borrowing costs
- Access to new external financing
- Customer collection
- Supply difficulties
- Energy costs
- Labour shortages
- Pressure from competition
- Economic policy uncertainty
Which constraints on activity are does it cover?
- Impact of the energy crisis in the wake of the war in Ukraine
- Risks associated with climate change and the energy transition
- Exposure to imports of critical inputs from China
- Use of AI
- Impact of US tariffs
Which specific issues have been addressed in recent years?
The Banco de España Business Activity Survey (EBAE)
BdE
Created on April 7, 2026
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Transcript
A quarterly Banco de España survey of non-financial corporations on their business activity and their short-term outlook
What is the EBAE?
Constraints on activity
Prices and costs
Employment
Turnover
What information is collected?
Which constraints on activity are does it cover?
Which specific issues have been addressed in recent years?