Consumption Outlook. Second half 2015
Published on Monday, December 14, 2015 | Updated on Tuesday, December 15, 2015
Consumption Outlook. Second half 2015
Summary
Private consumption is spearheading the recovery of Spain’s economy. Prospects are encouraging: household spending will grow at around a cumulative 6%. Better borrowing conditions are underpinning increased demand for durable goods. Dwindling financial fragmentation and a falling NPL ratio should help bring down interest rates on consumer credit.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
Authors
BBVA Research
BBVA Research
Documents and files
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