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Cantabria's economy will grow by 2.0% in 2023, and will accelerate to 2.5% in 2024. This will allow a return to the pre-pandemic GDP level this year.

Asturias' GDP could grow by 2.1% and in 2023 recover the pre-pandemic level. By 2024, the increase in activity will accelerate to 2.5%, and during that year it is expected to be able to recover GDP per capita. If these forecasts are met, Asturias would create more than 16,000 new jobs by 2024.

Once again, a critical date in the U.S. fiscal calendar is approaching. If Congress does not approve an increase in the federal government's budget by September 30, the executive branch will be forced to enact a shutdown on October 1.

GDP contracted 1.3% y/y in July. By productive sectors, the non-primary component contracted 1.8%, highlighting the decline in the construction sector and non-primary manufacturing. For its part, the primary component of GDP registered a growth…

Over the last decade, Spain has shown signs of a divergence in its GDP per capita with respect to the European Union. In these circumstances, it is not surprising that the Recovery, Transformation and Resilience Plan (PRTR) and European funds h…

Turkish economy grew by 3.8% in 2Q23 in annual terms slightly above the market consensus of 3.5% (vs. our expectation of 4.5%), which corresponds to 5% GDP growth if the calendar day adjustment is made. We expect GDP growth to materialize in the range of 4% to 4.5% with a high probability.

In the second quarter of 2023, the colombian GDP grew 0.3% YoY. Domestic demand decelerated sharply, mostly explained by investment, which implied a double-digit drop in total imports. For 2023, BBVA Research maintains the GDP growth forecast at 1.2%.

GDP contracted 0.6% YoY in June. By productive sectors, the non-primary component of GDP contracted 0.8% in a context in which private spending indicators continue to suggest weakness. However, the primary component of GDP recorded moderate gro…

Industrial production (IP) increased by 1.6% m/m in seasonal and calendar adjusted series, resulting in the 2.3% q/q acceleration of activity in 2Q (vs. 0.5% q/q in 1Q). We expect GDP growth to be 4.5% in 2023 thanks to the strong growth patter…

The earth's temperature records of recent years far exceed the historical baseline averages. It is beyond all doubt that the main reason for the upward trend in global temperatures is the highest level of concentration of carbon in the atmosphe…

With the preliminary data for 2Q23, GDP grew 3.6% in 1H23 (vs 1H22), reaching a level 2.7% above that reported in pre-pandemic (4Q19)

GDP contracted 1.4% y/y in May. Within the set of primary activities, the marked decline in the Fishing and Primary Manufacturing sectors stood out. On the other hand, the non-primary component of GDP also contracted in a context in which private spending indicators continue to show weakness.