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null Is Spain Sliding into Recession?

Is Spain Sliding into Recession?
28 Aug 2019
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Clock 25 mins.
CATEGORIES: AER Public Spain Macro Spain Financial Markets Consumption Banking Sector
Leopoldo Torralba
Ignacio de la Torre
After the release of some poor economic data, including a worse-than-expected Spanish GDP figure in the second quarter of 2019, compounded by a backdrop of global macro weakness, some in the media have started to claim that Spain is on the verge of a recession. This report discusses the most significant risks for Spain and asseses the validity of the top ten reasons given for heralding an imminent recession in Spain.