They believe that the risks to our outlook are broadly balanced. If growth in the eurozone continues to surprise on the upside, Spain's export performance could be better than they expect. The downside risks to you forecasts center on the domestic sector and tourism. If Spain's political turmoil (its current difficulty in forming a government) translates into
If results in a stagnation in the absorption of EU funds, growth could surprise on the downside as the construction sector falters.
In addition, upside inflation surprises may act as a greater headwind to private consumption than we currently expectThis includes: Economic outllook -- External Trade And Investment Outlook -- Monetary Policy Outlook -- Fiscal Policy And Public Debt Outlook -- Currency Forecast -- 10-Year Forecasts -- Political Outlook -- Long-Term Political Outlook -- Global Macro Outlook -- Macroeconomic ForecastsMateria / lugar / evento: Política económica Crecimiento económico Perspectivas económicas Inversiones Inflación Política fiscal Fondos europeos Políticas nacionales Datos macroeconómicos España Otros autores: Scott-Jones, Cassia
Fitch Solutions
Other categories: 921.4