Spain Consumption Outlook. Second half 2014

Summary

Private consumption growth continues to grow. The improvement in disposable income, in financial wealth and in financing will support increased household expenditure. The recent momentum in the demand for durable goods relies on their sensitivity to changes in income and on the fact that the majority of them are complementary goods. E-commerce in Spain is still limited. Training, income levels, internet banking and in-company digitalisation are key.

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