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    Published on Monday, August 1, 2016

    Spain | Passenger car sales moderated in July despite the finalization of PIVE

    Summary

    BBVA Research estimations show that, after correcting for stationary variations, passenger car registrations fell for a second consecutive month in July (-1,5% MoM). All in all, the accumulated growth during the current year reached 11% YoY on the back of private and company demand.

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    Juan Ramón García BBVA Research - Principal Economist

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    Spanish - August 1, 2016

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