exports


Spain: Growth Would Held Steady In 2Q16, Beating Expectations

The trend in the variables observed indicates that the recovery of the Spanish economy continued during the first half of 2016. With nearly 80% of the information available for 2Q16, the MICABBVA model estimates that quarterly GDP growth (QoQ) will have completed one year at around 0.8%. If confirmed, this stabilisation in the pace of expansion would give an upward bias to the growth envisaged in BBVA-Research’s baseline scenario for 2016 (2.7%).


Germany’s business climate continues to worsen, but labor market keeps its strength

BERLIN | By Alberto Lozano | German IFO index has shown today that business climate continues to worsen. The German Business Sentiment registered its fourth consecutive decline after falling 1.7 points from the previous month to 106.3 points, representing its worst reading since July 2013 decline. “The German economy continues to lose steam”, indicates Hans-Werner Sinn, president of the IFO Institute. “The outlook for the coming months also deteriorated noticeably.”


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Spanish external sector under the spotlight

MADRID | By Carlos Díaz Güell | Spain’s GDP growth in 1Q14 (0.4% on a quarterly basis and 0.5% year on year) was backed by an increase in the national demand (1%), which was boosted by an atypical upturn of the public consumption. Meanwhile, the external sector moved away from the upward trend that had been following in the last few years which was affecting growth.


Keep calm and trust Spain brand

MADRID | By Carlos Díaz Guell | A factor to bear in mind is that in the most successful exporting sectors, foreign investment punches high and has become vital to the economy and the Spain brand.


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Italian exports too little for ailing economy

MADRID | By Julia Pastor | Unlike Spain, where the external sector is supporting the economy, Italian exports fell by 1.9% in 1Q13, its worst register from 1Q09. The country’s GDP dropped by 0.6%, and April’s industrial production by 0.3%.


China needs more than just exports

China’s economic miracle was possible thanks to three decades of cheap manufacturing and exports. Thousands of workers left their villages to become the cheap labour force of China’s southern cities. Now this is a thing of the past.