Spain | 3Q16 growth remains around last year's levels

The recovery of the Spanish economy continued during the third quarter. It is estimated that GDP growth (QoQ) may be been between 0.7% and 0.8% in 3Q16. Thus, forecasts included in the BBVA Research scenario remain unchanged (3.1% for 2016 y 2.3% for 2017), but the valuation regarding downside risks for next year remains in force.

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