How does the Q2’20 GDP Figure Affect our Forecasts?
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How does the Q2’20 GDP Figure Affect our Forecasts?
Aitor Merino
Modified 1 Year ago.
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How does the Q2’20 GDP Figure Affect our Forecasts?
10 mins.
31 JULY, 2020
ANALYSTS:
Leopoldo Torralba
Torralba
Ignacio de la Torre
de la Torre
CATEGORIES:
Macro SpainSpainAER EspañaAER Global
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The GDP figure for the second quarter of 2020 has been published today. It was a much-awaited release given the strong uncertainty about the impact of two radically different stages of the coronavirus pandemic: the massive lockdowns, and their subsequent lifting. The intensity of the drop in economic activity in Spain is unprecedented and we stress the importance of a strong analysis of the data.
What of the latest GDP trends may be extrapolated into the future?
What do we think will be the new scenario for Spanish GDP growth?
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