HE economic growth from the country will be moderate After owning in 2023 closed last year with the increase in GDP at current prices 14.9%, 4.9 points above the national average. Even if, activity will increase as exercise progresses due to better behavior of energy prices, the gradual unwinding of changes in global supply chains and greater implementation of Next Generation Program funds.
That’s what the report says Panoramic Alicante It was presented this Monday, following the renewal of the cooperation agreement between both institutions, prepared by the Chamber of Alicante in cooperation with Caixabank, and by Carlos Baño, the head of the chamber institution, and Xicu, the regional manager of the financial asset. costa
The report states: Headline inflation will tend to moderate gradually, but food prices and core inflation will remain high. high inflation and bank loan growth will have a negative impact on Private ConsumptionIt will also slow down with the slowdown in the rate of employment creation. Tightening financing conditions and lower growth expectations in 2023, reducing dynamism to investment It will be supported by the improvement of the factors limiting economic activity and the execution of projects dependent on European funds.
This New housing supply will be limited due to high construction costs, lack of skilled labor and structural factors. The slowdown in demand and the increase in interest rates will contribute to the slowdown in the rise in housing prices. Foreign trade will tend to slow down, but the reduction in supply bottlenecks and the gradual strengthening of global demand will increase exports.
This tourist activityfor its part, will continue to act as event Support, however, tourist flows may be affected by the low expected growth in our main export markets and the impact of the rise in inflation on the spending capacity of tourists.
Regarding last year’s balance, the GDP of the province of Alicante at current prices, estimated via IspA (Synthetic Indicator of the economic activity of the province of Alicante), increased by 14.9% last year, 4.9 percentage points above the Spanish average. Employment continued to grow at a strong pace in 2022: 708,552 Social Security organizations, 25,211 more than in 2021 and 44,300 more than in 2019.