Spain Economic Outlook

Sat, May 12th, 2018

Pick-up in credit growth

Spain Economic Growth

A pick-up in credit growth, low borrowing costs and strong employment gains should buttress household spending this year.

Similarly, an upbeat outlook for the domestic economy and relatively robust momentum in the Eurozone are expected to support fixed investment this year, especially in equipment and machinery.

Export-oriented sectors should also continue reaping the benefits of increased competitiveness this year, a trend that could, however, be bucked by the rising threat of global protectionism.

Focus Economics sees growth at 2.7% this year

 

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