Is First-quarter 2022 Spanish GDP a Cause for Concern?
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Is First-quarter 2022 Spanish GDP a Cause for Concern?
Sonia Del Couz
Modified 1 Year ago.
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Is First-quarter 2022 Spanish GDP a Cause for Concern?
10 mins.
29 APRIL, 2022
ANALYSTS:
Leopoldo
Torralba
Ignacio
de la Torre
CATEGORIES:
Macro SpainSpainAER EspañaAER Personal
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Spain’s GDP data for the first quarter of 2022 was released last Friday, growing at a 0.3% rate, (1.2% annualised) versus the expected 0.9% (3.6% annualised)
In this brief note, we examine the drivers for this GDP change and whether they’re a cause for concern. Will our projection for Spanish GDP growth in 2022 change compared to 2021 on a full-year basis?
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