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Published on Friday, February 8, 2019 | Updated on Friday, February 8, 2019

Consumption Outlook 2H18

Consumption growth, following steady progress in H2 2018, will slow to 2.1% in 2019 and to 1.8% in 2020 as a result of a lower contribution of financial wealth, a disappearance of pent-up demand and increased uncertainty. Fiscal stimuli, increased real estate wealth and steady progress in terms of financing will enable expenditure to be sustained.

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Report (PDF)

Revista_Situacion_Consumo_2S18 Spanish February 8, 2019
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Infographics (PDF)

Infografia_Situacion_Consumo_2S18 Spanish February 8, 2019
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Presentation (PDF)

Presentacion_Situacion_Consumo_2S18_web Spanish February 8, 2019
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Authors

BBVA ResearchBBVA Research

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Spain

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Consumption

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