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Consumption in July consolidates the good dynamics observed in the first days of the month and is 16.0% above that recorded in the same period in 2019, the highest record observed since January 2020.
In this publication you will find, on a weekly basis, our selection of the most relevant news regarding financial regulation.
May could represent a turning point in the dynamics of credit to the NFPS, with a smaller contraction than the one in April and a better performance of the portfolios that comprise it. An improvement in the activity and employment indicators in the medium term would consolidate a better performance in the credit market.
ECB’s first policy meeting after its monetary policy strategy review was marked by a lack of unanimity, likely reflecting an intense discussion between the doves and the hawks.
In 2021 and 2022, economic growth will be driven by the strong dynamism of internal demand and the global economy. Transitory factors will put pressure on inflation and the risk that it will take time to return, with higher activity, will lead the Central Bank to begin a tightening cycle of rates in late 2021.