AC Market Entering Stable Growth Stage--Spain
2014-02-09
During the first half of the year 2013, the GNP of Spain suffered a contraction of -0.5% while the 3rd quarter showed a slight increase of +0.1% for the first time in several years. If predictions are confirmed by actual data, the growth during second part of the year could reach +0.4%. Additionally all analysts forecast GDP growth of between +1% and +1.5% for 2014.
