Spain | The National Accounts confirms the slowdown of quarterly growth in 3Q15
Published on Thursday, November 26, 2015 | Updated on Thursday, November 26, 2015
Spain | The National Accounts confirms the slowdown of quarterly growth in 3Q15
Summary
As expected, the quarterly growth of the Spanish economy moderated in 3T15. However, the slowdown was not homogeneous as foreseen, but concentrated in investment and exports of goods. Nevertheless, the observed development is consistent with BBVA Research scenario, which envisages an increase of 3.2% in 2015 and 2.7% in 2016
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- Spain
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- Macroeconomic Analysis
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Authors
Camilo Ulloa
BBVA Research - Principal Economist