Published on Friday, September 13, 2019 | Updated on Monday, September 16, 2019

Spain | GDP growth stabilizes at around 0.5% QoQ

GDP growth in Q3 could be around 0.5% QoQ, a slightly weaker evolution than that consistent with the BBVA Research outlook for 2019 (2.3% YoY). Partial economic indicators show some signs of weakness on domestic demand and job creation, while external demand could grow again

Key points

  • Key points:
  • Downward pressure on GDP growth
  • Domestic demand continues to show signs of weakness
  • External demand may grow again, but the uncertainty stemming from the global environment remains
  • The sluggishness of the labor market continues
  • No signs of demand inflationary pressures

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