• Bank of Spain raises economic growth forecasts to 2.7 pct in 2018 y/y, 2.3 pct in 2019 and 2.1 pct in 2020

Market news

20 March 2018

Bank of Spain raises economic growth forecasts to 2.7 pct in 2018 y/y, 2.3 pct in 2019 and 2.1 pct in 2020

  • Sees unemployment rate falling to 11 pct in 2020

  • 0.7 pct q/q growth in the first quarter

  • Improved forecasts supported by a moderation in political uncertainties surrounding Catalonia

Spain's 10-year government bond yield hits more than 14 months low at 1.296, down 3 bps on day
Zew says concerns over U.S.-led global trade conflict have made German investors more cautious
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