The drop of Spanish GDP in 2020 will be greater than estimated by the consensus because of new covid waves
The drop of Spanish GDP in 2020 will be greater than estimated by the consensus because of new covid waves
Last hits
MAY 2020
The drop of Spanish GDP in 2020 will be greater than estimated by the consensus because of new covid waves
What did we say?
Despite international agencies were expecting an average drop of 6%, we forecast that it would be much more intense, around 12.5%.
What happened?
Eventually it stood at 11%.
