Spain: 2007 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
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Summary:
Spain’s 2007 Article IV Consultation underlies that immediate growth prospects are bright and the central scenario is for a smooth landing but with appreciable downside risks. The Spanish economy enjoyed another year of remarkable growth in 2006, further extending its prolonged expansion. Output growth gathered pace in the course of 2006 to reach 3.9 percent for the year, and brisk job creation absorbed further increases in female participation and immigration, and inflation moderated appreciably.
Series:
Country Report No. 2007/175
Subject:
Banking Credit Economic sectors Expenditure Financial sector Fiscal policy Fiscal stance International trade Money Trade balance
English
Publication Date:
May 18, 2007
ISBN/ISSN:
9781451812275/1934-7685
Stock No:
1ESPEA2007002
Pages:
32
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