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    Spain: lower purchases by firms and rental companies explain July´s decrease in spite of higher private sales

    Published on Friday, August 1, 2014 | Updated on Monday, September 15, 2014

    Spain: lower purchases by firms and rental companies explain July´s decrease in spite of higher private sales

    Summary

    After removing seasonal and calendar effects, BBVA Research´s estimates suggest that car registrations fell in July following lower-than-expected purchases by car rental companies. Overall, 390,000 car registrations are expected for the second half of 2014, meaning that the year will close at around 850,000 registrations.

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    BBVA Research BBVA Research

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    Spanish - August 1, 2014

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