Bank of Spain trims 2023 growth projection to 1.3% from 1.4%

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Bank of Spain trims 2023 growth projection to 1.3% from 1.4%
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Bank of Spain trims 2023 growth projection to 1.3% from 1.4% – by eren_fxstreet Spain CentralBanks Macroeconomics

In the fourth quarter of the year, the bank expects the economy to expand only by 0.1%. "Weak consumption is one of the main factors behind the modest GDP growth forecast for the fourth quarter," the bank explained in its publication.

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