Consumption Outlook 2H18
Published on Friday, February 8, 2019 | Updated on Friday, February 8, 2019
Consumption Outlook 2H18
Summary
Consumption growth, following steady progress in H2 2018, will slow to 2.1% in 2019 and to 1.8% in 2020 as a result of a lower contribution of financial wealth, a disappearance of pent-up demand and increased uncertainty. Fiscal stimuli, increased real estate wealth and steady progress in terms of financing will enable expenditure to be sustained.
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- Spain
Topics
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- Consumption
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Authors
BBVA Research
BBVA Research
Documents and files
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