Spain | The economy maintains its cruising speed in Q3, although risks remain

Summary

The trend in the variables observed indicates that the recovery of the Spanish economy is continuing on from the start of the second half-year. With nearly 50% of the information available for 3Q16, the MICA-BBVA1 model estimates that quarterly GDP growth (QoQ) could string together five consecutive quarters at the level of 0.8%.

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