spains economy to grow by 21in 2018
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

Spain's economy to grow by 2.1 % in 2018

Arab Today, arab today

Arab Today, arab today Spain's economy to grow by 2.1 % in 2018

Madrid - Xinhua

 The Spanish economy will grow by 2.1 percent in 2018, according to predictions published Tuesday by the Bank of Spain.

The bank said the Spanish economy will grow by 2.7 percent this year and by 2.3 percent in 2017.

The economy will slow down due to the weaker impact of factors such as low prices of fuel and depreciation of the euro, it said, while expecting domestic demand to continue boosting the country's gross domestic product (GDP).

Private consumption will grow by 3 percent this year, by 1.8 percent in 2017 and by 1.5 percent in 2018 and exports will grow by 4.3 percent in 2016, by 4.8 percent in 2017 and 4.9 percent in 2018, it predicted.

The bank said that Spain's unemployment rate will fall to 19.7 percent this year after finishing 2015 at 22.1 percent, to continue falling to 18.3 percent in 2017 and to 17.3 percent by the end of 2018.

Meanwhile, employment will grow by 2.5 percent this year, by 1.9 percent in 2017 and by 1.8 percent in 2018.

The Bank of Spain encouraged carrying out more reforms to fight the public deficit in the country, saying that it will not fall below the EU-mandated 3 percent until 2018 when it will stand at 2.9 percent.

In 2017, the deficit will stand at 3.4 percent while this year it will fall to 4.1 percent compared to the 4.4 percent previously predicted, it said.

Spain missed the 2015 deficit target agreed with the European Union (EU) that stood at 5 percent compared to the agreed 4.2 percent. 

source : xinhuo

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

spains economy to grow by 21in 2018 spains economy to grow by 21in 2018

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

spains economy to grow by 21in 2018 spains economy to grow by 21in 2018

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday