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    Published on Thursday, June 30, 2016

    Spain | Trade flows improve while financial investment flows worsen in April

    Summary

    The balance of payments registered a 2671 million of euro superavit, which can be explained through the positive balance in tourism and a lower energetic deficit. Good exports recovered dynamism at the start of 2T16, while imports fell back (2,0% and -2,0% MoM cvec). The fall in investment flows resulted in an influx of capital.

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    Authors

    Matías Pacce
    Camilo Ulloa BBVA Research - Principal Economist

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    SectorExterior_abr16

    Spanish - June 30, 2016

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