Spain country risk report - Q3 2023 : includes 10-year forecasts to 2032

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<title>Spain country risk report - Q3 2023</title>
<subTitle>: includes 10-year forecasts to 2032</subTitle>
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<name type="personal" usage="primary" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20230004579">
<namePart>Basu, Anwita </namePart>
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<namePart>Scott-Jones, Cassia </namePart>
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<namePart>Fitch Solutions</namePart>
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<placeTerm type="text">London</placeTerm>
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<publisher>Fitch Solutions</publisher>
<dateIssued>2023</dateIssued>
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<extent>62 p.</extent>
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<abstract displayLabel="Summary">Given Spain's economic outperformance in the first quarter of 2023, risks to our full year growth forecast are on the upside. While we expect a quarterly growth contraction in H223, this is contingent upon the view that the ECB's material tightening will considerably weigh on domestic demand. Some of the effects of tighter financial conditions could, however, be offset by the continued strengthening in the Spanish labour market  at 13.3%, the country's unemployment rate is considerably lower than pandemic heights of 16.3%</abstract>
<note type="statement of responsibility">Analyst: Anwita Basu, Cassia Scott-Jones</note>
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<topic>Política económica</topic>
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<topic>Crecimiento económico</topic>
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<topic>Crisis económica</topic>
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<topic>Perspectivas económicas</topic>
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<topic>Inversiones</topic>
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<topic>Riesgo operacional</topic>
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<topic>Riesgo país</topic>
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<topic>Crisis social</topic>
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<topic>Crisis de la Seguridad Social</topic>
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<geographic>España</geographic>
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<classification authority="">921.4</classification>
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