Spain | The GDP growth estimated for 4Q18 supports the 2.6% advance for 2018

Summary

The growth of the Spanish economy could stand between 0.7% and 0.8% quarterly during Q4, slightly above the average observed throughout the year (0.6% QoQ). Thus, the downward bias on the growth forecast for 2018 by BBVA Research (2.6% YoY) is moderated, but caution is maintained on the scenario given the persistence of several risks that hang over it.

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