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Spain will grow with strength in 2018

Spain will grow with strength in 2018

  • Por José María Romero Vera
  • 19th of December 2017

In an auspicious international context, from Equipo Economico we foresee that Spanish GDP will continue to move forward in 2018 at an annual rate of 2.8%. The Spanish economy is currently benefiting from the expansive cycle initiated after the deep crisis, thanks to the economic reforms undertaken, and despite the impact of the increase in uncertainty associated with the situation in Catalonia.

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Will Spanish consumption continue to grow?

Will Spanish consumption continue to grow?

  • Por José María Romero Vera
  • 22nd of March 2018

The Spanish economy have started the year 2018 with strong inertia. The most recent indicators point to the fact that consumption growth has accelerated in the first quarter of 2018. In this way, GDP growth will again be supported by the strength of household consumption, deemed to increase by 2.3% this year and 2.1% next year. Several factors will continue to support positive consumption data in the coming months. In this scenario, we estimate consumption will only reach its pre-crisis levels in the second quarter of 2019, leaving room for recovery.

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Significant dynamism vs. greater uncertainty

Significant dynamism vs. greater uncertainty

  • Por José María Romero Vera
  • 11th of July 2018

Spain’s economic growth has continued to show notable dynamism in the first semester 2018, clearly above the European average. It moves forward along the same lines as the global product. However, we also observe the growing divergence occurring as the year goes on between the robust economic data and the greater uncertainty arising from an increased risk, both for the global economy and Spain.

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Impact of Covid-19 and outlook for the Spanish economy.

Impact of Covid-19 and outlook for the Spanish economy.

  • Por José María Romero Vera
  • 17th of April 2020

The world economy is being strongly affected by the impact of the Covid-19 pandemic. The necessary search for the containment of the progression of the disease has led to a general disruption of the economic activity, including Spain. In this context, we expect the contraction of Spanish GDP to reach 10% in 2020. The impact of the crisis will be heterogeneous at the sectorial level. In order to recover from this crisis, the needs of the productive network must be considered with the utmost care, since they represent the main generator of employment.

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Las previsiones económicas para 2021 son una referencia, aún por construir.

Las previsiones económicas para 2021 son una referencia, aún por construir.

  • Por José María Romero Vera. Marta Otero Moreno. Andrea Cordero López.
  • 9th of July 2020

En Equipo Económico mantenemos, por el momento, nuestra estimación de una contracción del PIB español de, al menos, el 10% en 2020. En 2021, la reactivación de la economía le permitiría ya crecer el 7,2%, aunque será insuficiente para alcanzar los niveles anuales previos de crecimiento y empleo. Urge la implementación de una política económica adecuada para superar los retos que plantea la profundidad de la crisis en España y fortalecer la recuperación.

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