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    Published on Monday, May 20, 2019 | Updated on Monday, May 20, 2019

    Spain | GDP growth remains solid in 2Q19, despite uncertainty.

    Summary

    The growth of the Spanish economy may stand between 0.6% and 0.8% QoQ during 2Q19, which would introduce an upward bias on BBVA Research's forecast for 2019 (2.2%). Domestic spending leads the advance of activity and uncertainty over external demand remains high.

    Key points

    • Key points:
    • GDP continues to show a high rate of growth
    • Domestic demand remains at the forefront of growth
    • Uncertainty about the evolution of external demand persists
    • The dynamism of job creation continues at the start of the second quarter
    • Inflation stabilizes slightly above 2.0%.

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    Authors

    Luis Díez Catalán
    Camilo Ulloa BBVA Research - Principal Economist

    Documents and files

    Report (PDF)

    Observatorio_actividad_may19-1.pdf

    Spanish - May 20, 2019

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