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Spain | DANA: Real-time monitoring of the economic impact

Most indicators show an improvement in economic activity in Valencia during the week of November 5 to 11, although both the growth rates and, more importantly, the levels remain below what would have been observed without the DANA, particularly in the hardest-hit municipalities, where significant impacts are still evident.

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August 26, 2024

Global | Geopolitics and economic traps

Geopolitical uncertainty threatens to exacerbate the growth traps that plague many countries at different levels of development.

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March 20, 2024

Spain | Regional Economic Outlook. March 2024

In 2024, the prospects will improve in all the Autonomous Communities, driven by employment, domestic consumption and, above all, service exports. In 2025, the push will come from the industrial communities and the recovery of the south after the drought, with tourist communities losing momentum.

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June 28, 2023

Spain | Regional Economic Outlook. June 2023

Upward revision of the Spanish economy in 2023 to 2.4%, to be led by the Balearic Islands, Canary Islands and Madrid. But growth in 2024 is revised by 0.5 pp (to 2.1%), due to the slowdown in the tourism industry, the rise in interest rates, and the delay in the impact of the NGEU funds.

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March 22, 2023

Spain | Regional Economic Outlook. March 2023

The GDP growth forecast for all the Autonomous Communities increases in 2023, with greater momentum in the industrial and tourist regions. But the forecast for 2024 is reduced: inflation moderates the increase in consumption in the Mediterranean regions, and the improvement in Europe will not be enough to compensate for it.

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March 3, 2023

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Colombia | Private consumption moderated further in February

In February, total consumer spending contracted 2.7% year-on-year in real terms, deepening the moderation it has been showing since the end of 2022. This time, the result was mostly explained by the deceleration of spending in services sectors.

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October 21, 2022

Spain | The Spanish economy facing the challenge of inflation

This Economic Watch evaluates the factors that explain the behavior of the Spanish economy between the third quarter of 2020 and the second quarter of 2022, and estimates the structural shocks behind the growth of GDP per working-age person (WAP), the GDP deflator and real wages.

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