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12th Apr 2023 15:15Eurozone, Daily Monitor

  • Solid business surveys and hard data mean we are revising up our Q1 forecast for Spain, to 0.5% q/q.
  • We doubt this is the start of a sustained upturn; tighter credit standards will weigh on growth in Q2.
  • We look for GDP growth of 1.5% both this year and next in Spain, down from 5.5% in 2021 and 2022.

business surveys credit credit standards gdp gdp growth growth q1 q1 forecast surveys

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Keywords for: 13 Apr 2023 Eurozone Monitor The Q1 Acceleration in Spanish GDP Growth is a One-

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