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March 20, 2024
Spain | Regional Economic Outlook. March 2024
In 2024, the prospects will improve in all the Autonomous Communities, driven by employment, domestic consumption and, above all, service exports. In 2025, the push will come from the industrial communities and the recovery of the south after the drought, with tourist communities losing momentum.
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June 28, 2023
Spain | Regional Economic Outlook. June 2023
Upward revision of the Spanish economy in 2023 to 2.4%, to be led by the Balearic Islands, Canary Islands and Madrid. But growth in 2024 is revised by 0.5 pp (to 2.1%), due to the slowdown in the tourism industry, the rise in interest rates, and the delay in the impact of the NGEU funds.
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March 22, 2023
Spain | Regional Economic Outlook. March 2023
The GDP growth forecast for all the Autonomous Communities increases in 2023, with greater momentum in the industrial and tourist regions. But the forecast for 2024 is reduced: inflation moderates the increase in consumption in the Mediterranean regions, and the improvement in Europe will not be enough to compensate for it.
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March 3, 2023
Colombia | Private consumption moderated further in February
In February, total consumer spending contracted 2.7% year-on-year in real terms, deepening the moderation it has been showing since the end of 2022. This time, the result was mostly explained by the deceleration of spending in services sectors.
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October 21, 2022
Spain | The Spanish economy facing the challenge of inflation
This Economic Watch evaluates the factors that explain the behavior of the Spanish economy between the third quarter of 2020 and the second quarter of 2022, and estimates the structural shocks behind the growth of GDP per working-age person (WAP), the GDP deflator and real wages.
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