HE growth Spain will “probably” take place this year over 2%expressed Angel GavilanDirector General of Economy and Statistics of the Bank of Spain, 38. Cercle d’Economia met.
The issuer has already announced that it will revise its forecasts for this year upwards until they place it at around 2%. Gavilan is even more optimistic given the improvement in inflation. The data will be released on 29 June. The government estimates gross domestic product (GDP) growth to be 2.1%, as featured in the 2023-2026 stabilization program update.
A representative of the Bank of Spain attended a roundtable meeting. Robin BrooksChief Economist at the Institute of International Finance and Alice Garcia HerreroChief Economist for Asia and the Pacific at Natixis intervened online.
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Previously, the Governor of the Central Bank of Portugal, Mario CentenoConfident that inflation will come in Europe may be moderate until reaching 2% levels in the medium termAlthough he warned of the negative impact of the increase, Fees and earnings: “We were all going to pay for it”.
Centeno, head of the Eurogroup, drew an optimistic scenario regarding the development of inflation, which he predicted would “fall” to 2 percent. in the first half of 2025.
“With this inflation and if growth is sustained and we continue to create jobs, we can say: we have been successful in this period of history “At a time when Europe is facing a war and coming out of the main economic crisis,” he said.