Spain | Robust economic growth with a bias to the upside in the short term
Published on Tuesday, April 14, 2015
Spain | Robust economic growth with a bias to the upside in the short term
Summary
The trend seen in the variables confirms a quarterly (QoQ) GDP growth of around 0.9%, which would entail an intensification in the rate of expansion from the 4Q14 rate of 0.7%. The uptick in activity again coincided with an acceleration in employment creation, which will probably lead to a marginal reduction in apparent labour productivity.
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BBVA Research
BBVA Research