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Quarterly report for the Spanish economy. June 2023. Banco de España. REPORT. Editorial. Projections. 1 Global economic activity gained traction over the first months of 2023, driven by the highly buoyant services sectors.
Apr 30, 2024 · The Banco de España’s Annual Report takes stock of how the Spanish economy performed in 2023 and the key challenges that lie ahead in the short and medium term. The report covers the resilience shown by the Spanish economy in the European context and the structural challenges it faces, and contains in-depth analyses of Spain’s labour market and housing market.
Jan 17, 2024 · The Spanish economy ended 2023 with a better tone than had been anticipated at the beginning of the year. While it is true that there was a slowdown in growth during the second half of the year, this began later than expected and is proving more moderate than had been feared a year ago.
As compared with those published three months ago, the current projections revise up GDP growth for 2023 by 0.3 pp (see Chart 3.a). This mainly owes to the flash QNA data for 2022 Q4, published by the INE in late January, and their carry-over effect on the annual average rate for 2023.
Oct 23, 2023 · Spain 2023 Executive summary OCTOBER 2023 • The economy is proving resilient • Public debt must be further reduced • Growth needs to be stronger and more sustainable • Spain must increase ...
Nominal wage growth is expected to pick-up in 2023. Faster-than-assumed adjustment would feed into higher core inflation over the forecast horizon. This in-depth review presents the main findings of the assessment of macroeconomic vulnerabilites for Spain.
The Spanish economy posted growth of 2.5% in 2023. The strong outturn was underpinned by robust labour market developments which sustained private consumption, as well as by the contribution from net exports and public consumption.
