Spain Economic Crisis 2024. The oecd has revised down to 1.4% its economic growth forecast for spain in 2024, a figure well below the 2% expected by the government. Inflation in spain falls more than expected to 2.9%.
The spanish economy has cooled significantly since early 2023, and we expect growth to remain weak at the start of 2024 before it gains some traction. Spanish inflation eases in february but core stays stubborn.
Tourism Rebounded Strongly Last Year.
Inflation in spain falls more than expected to 2.9%.
Inflation In Spain Peaked In July 2022, Reaching 10.7%, And Disinflation Set In Earlier Than In Other Euro Area Countries, With The Rate Coming Down To 1.6% In June.
The spanish government recently approved a raft of measures to help alleviate the economic and social consequences.
Participants Included The European Commission, Government Of Spain, Including.
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The Unemployment Rate Is The Lowest Since 2008, When The Financial Crisis Burst A Construction Bubble.
The path to recovery from the coronavirus crisis is proving longer than expected, at least for spain.
Our Forecast Is That This Cycle Of Rate Hikes Has Already Reached Its Peak In September (With The Depo Rate At 4.0% And The Refi Rate At 4.5%) And That The Ecb Will.
Inflation in spain falls more than expected to 2.9%.