US EditionIMF Lowers Spain's Future Economic Growth Expectations
13 Articles
13 Articles
The projection is that GDP growth this year is 2.1%, before 2.8% in 2025, a review under two tenths of a percentage point compared to the January forecast.
The International Monetary Fund (IMF) has reduced the projected growth for Spain by two tenths to 2.1 %.
The Spanish economy will cool two tenths this year due to the effects of the war in Iran. Thus the International Monetary Fund (IMF), which has reduced its forecast of growth of the Spanish economy to 2.1% by 2026. By 2027 it reduced its previous forecast by a tenth, to 1.8%. For Spain, the IMF expects GDP growth to moderate this year to 2.1% from 2.8% in 2025, which means a downward revision of two tenths compared to last January’s forecast, wh…
The international organization estimates that inflation could reach up to 3%, one point more than its previous estimates for January More information: The IMF dates the end of the Spanish 'miracle': growth will fall in half and converge with the rest of Europe in 2027
The war that the United States and Israel have declared against Iran has awakened the ghost of an energy crisis. The blockade of the Strait of Ormuz, a global strategic step for energy sources, and attacks on energy infrastructures in the Gulf have agitated financial markets and triggered oil and gas prices. The Spanish economy is not immune to this convulsion, but it faces this disturbance in a better situation than its European partners.
The institution foresees that Spanish growth will remain "short-term before slowing down gradually" and puts it at 1.8% in 2027, while inflation can reach 3% at the end of the year.The government approves two anti-crisis decrees: one with the freezing of rents and another with the rest of the measures The International Monetary Fund (IMF) sees a short-term growth of Spain “firm” although it will feel the impact of the war in the Middle East. Tha…
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