Published on Tuesday, December 27, 2016

Consumption: seeing is believing

Summary

Why has an economy with an unemployment rate of more than 26% in the first half of 2013 had such a prolonged recovery in private consumption? The main reason was the change of cycle in the labour market.

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Authors

Juan Ramón García BBVA Research - Principal Economist

Documents and files


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Press Article (EPUB)

67403_158766.epub

Spanish - December 27, 2016

Press Article (PDF)

67403_158766.pdf

Spanish - December 27, 2016

Press Article (EPUB)

67411_158768.epub

English - December 27, 2016

Press Article (PDF)

67411_158768.pdf

English - December 27, 2016

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