We have nudged up our forecast for GDP growth in Spain by 0.1ppt to 2.5% to reflect indications that activity remained strong in Q4 despite the floods affecting the Valencia region. Although this marks a slowdown from the estimated 3.1% expansion last year, Spain will remain one of the fastest-growing economies in the eurozone. Strong growth in services will still drive activity, though the contribution from the booming tourism sector will continue to moderate.
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook