Updated forecasts from the Bank of Spain 20 March 2018

GDP

  • 2018 2.7% vs 2.4% prior
  • 2019 2.3% vs 2.1% prior
  • 2020 2.1% unch
  • Economy may have grown 0.7% in Q1 2017

CPI

  • 2018 1.2% vs 1.5%
  • 2019 1.4% unch
  • 2020 1.7% unch

Unemployment

  • 11.0% by 2020 (if that number isn’t the average unemployed it’s a rise from 10.7% prior. If it is the average it’s down from 11.5% predicted prior)
Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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