Banco de España Blog

Using a simple format and plain language, the Banco de España Blog seeks to make our work more accessible to the general public. It allows us to share our analysis of economic and financial issues and the ins and outs of the Banco de España’s tasks and activities with all those keen to learn more.

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What does the Banco de España’s bottleneck index tell us about the economic impact of the tensions in the Red Sea?

31/01/2024 Francesca Viani

The Red Sea crisis is driving up global shipping costs. However, our bottleneck indicator suggests that, for the time being, the economic impact is limited compared with other previous episodes. In any event, developments must be closely monitored. Our daily bottleneck indicator enables us to track the situation in real time.

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