Banco De españa Confirms a Credit Slowdown that Anticipates Economic Stagnation
12 Articles
12 Articles
The Banco de España confirms this Tuesday that the demand for credit has slowed and even the demand for mortgages for housing has slowed during the second quarter, which anticipates an economic slowdown that many analysis institutes are already anticipating, including the OECD. Moreover, this slowdown has come precisely in the first year of credit growth since the financial crisis.«The demand for loans to companies and credit to households for c…
The reactivation observed between April and December last year stopped at the beginning of this year. And it stalled from March, according to the monthly report of Indec
The INDEC reported a slight monthly decline in May, although the rate improved compared to last year, when the economy had plummeted after the devaluation.The post Economic activity fell 0.1% in May, but showed a growth of 5% year-on-year according to the INDEC appeared first on The Intransigent.
The data published by the INDEC reflect the positive trend in the country's productive performance. According to data published by the National Institute of Statistics and Censuses (INDEC), the Monthly Economic Activity Estimator (EMAE) recorded a 5% growth in May compared to the same month of the previous year, consolidating a positive trend in the country's productive performance. This growth occurs in the framework of a cumulative improvement…
The monthly economic activity estimator (EMAE) rose 5% year-on-year in May, according to the National Institute of Statistics and Censuses (INDEC). In the monthly measurement, economic activity recorded a fall of 0.1% compared to April. Wholesale trade, retail and repairs (10.0% ia) was the most positive impact on the year-on-year variation of the EMEA, followed by financial intermediation (25.8%) and manufacturing industry (5%). Electricity, ga…
There were 13 activities that showed improvements against the same month last year.The entry Economic activity grew 5% year-on-year in May, according to the INDEC was first published in #BorderJournalism.
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