Tuesday, June 7, 2016

The Bank of Spain sees slowdown in GDP to 2.1% in 2018 – Investing.com Spain

MADRID (Reuters) – The Bank of Spain made public on Tuesday its first estimate of national GDP in 2018, projecting growth of 2.1 percent, two points less than in the previous year.

the central bank, which expects GDP rises 2.7 percent in 2016 and 2.3 percent in 2017, said the gradual slowdown would occur on a predictable loss of strength some of the transients that have driven the economy recently.

in particular, refers to the lowering of prices, the depreciation of the euro or some fiscal stimulus to be offset partially medium-term recovery “gradual” of export markets

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