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- Under the assumptions of the exercise, Spanish GDP is projected to grow by 4.6%, 1.3%, 2.7% and 2.1% in 2022, 2023, 2024 and 2025, respectively (see Table 1).1 Headline inflation is projected to decelerate from an average of 8.4% in 2022 to 4.9% in 2023, 3.6% in 2024 and 1.8% in 2025, and underlying inflation from 3.8% this year to 3.4% next year, 2.2% in 2024 and 1.8% in 2025.
repositorio.bde.es/bitstream/123456789/24989/1/be2204-it-Box1.pdfBox 1. Macroeconomic projections for the Spanish economy ...
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In terms of activity, the new data point to an increase in the rate of growth of GDP in 2022 and have a slightly positive carry-over effect on the growth rate in 2023. In terms of prices, the steep drop in the inflation rate in recent months provides a more favourable starting point.
- MACROECONOMIC PROJECTIONS FOR THE SPANISH ECONOMY (2023-2025)
Under the assumptions of the exercise, Spanish GDP – which...
- Box 1. Macroeconomic projections for the Spanish economy ...
MACROECONOMIC PROJECTIONS FOR THE SPANISH ECONOMY...
- Box 1 MACROECONOMIC PROJECTIONS FOR THE SPANISH ECONOMY (2022 ...
This box describes the key features of the most recent...
- MACROECONOMIC PROJECTIONS FOR THE SPANISH ECONOMY (2023-2025)
Under the assumptions of the exercise, Spanish GDP – which grew by 5.5% in real terms in 2022 – is projected to rise by 1.6%, 2.3% and 2.1% in 2023, 2024 and 2025, respectively (see Table 1).1 On the price side, headline inflation – which stood at 8.3% on average in 2022 – will fall to 3.7% in 2023, before remaining virtually unchanged in 2024 ...
This section describes the key features of the most recent update to the Banco de España’s macroeconomic projections for the Spanish economy. Under the assumptions of the exercise, Spanish GDP – which grew by 5.8% in real terms in 2022 – is projected to rise by 2.3%, 1.8% and 2% in 2023, 2024 and 2025, respectively (see Table 1).1 On the ...
MACROECONOMIC PROJECTIONS FOR THE SPANISH ECONOMY (2022-2025): THE BANCO DE ESPAÑA’S CONTRIBUTION TO THE EUROSYSTEM’S DECEMBER 2022 JOINT FORECASTING EXERCISE. This box describes the key features of the most recent update to the Banco de España’s macroeconomic projections for the Spanish economy.
Mar 22, 2023 · activity: the spanish economy appears to have been slightly more buoyant in 2023 q1 THAN IN2022H2 •Provisional QNA data for 2022 Q4 point to GDP growth in that quarter in line with the Banco
This box describes the key features of the most recent update to the Banco de España’s macroeconomic projections for the Spanish economy.
Economic activity in Spain is expected to grow at 2.1% in 2024 and 1.9% in 2025 driven by domestic demand and sustained by continued labour market resilience. The implementation of the Recovery and Resilience Plan (RRP) is set to underpin investment growth over the forecast horizon.
