Update of Spanish economic projections (2015-2016)

Abstract

The update of the Spanish macroeconomic projections for the period 2015-2016 set out in this box is based on the contribution by the Banco de España to the Eurosystem’s joint forecasting exercise for the euro area economy, which was published by the ECB in early June. The projections have been adapted to include the Quarterly National Accounts (QNA) information for 2015 Q1 and the latest developments in the technical assumptions