Spain | The fall in passenger car sales in March took the shine off a positive quarter
Published on Friday, April 1, 2016 | Updated on Friday, April 1, 2016
Spain | The fall in passenger car sales in March took the shine off a positive quarter
Summary
Once the data is seasonally adjusted, BBVA Research estimations show that passenger car registrations were reduced by a monthly 9% in March, which was more than expected. All in all, the first quarter of 2016 closes with a rise in sales of 3,6% QoQ, 5pp more than in 4Q15.
Geographies
- Geography Tags
- Spain
Topics
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- Macroeconomic Analysis
Tags
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- Registrations
Authors
Juan Ramón García
BBVA Research - Principal Economist