skip to main content
Global Macro-Market Outlook

Spain: Q2 2010 Outlook

By Elisa Parisi-Capone
Apr 12, 2010 | Last Updated

Real GDP (% change y/y)
2009 2010
-3.6 -0.5
 
CPI (% change y/y)
2009 2010
-0.3  1.1 

  • 2010 will see a further contraction in GDP due to ongoing deleveraging in the highly indebted private sector and a further downward adjustment in investment, led by the construction sector.
  • Net exports will cushion the drag from subdued domestic demand as public consumption will slow down substantially.
  • The Spanish banking sector, in particular the regional cajas, will have to restructure in light of a less accommodative ECB lending stance.  

Outlook Update:[...]

Access to this content is restricted to RGE clients.

If you have a client code, please enter it here to activate your client account.

Click here for a free trial.

Learn About Our Services:

RGE Research

Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.

Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:

• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio

RGE Strategy

Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.

Learn More »

For information on becoming an RGE Client, please speak with an RGE Representative in New York at +1 212-645-0010, or in London at +44 (0) 207 092 8850, or email americas@roubini.com for the Americas, europe@roubini.com for Europe, the Midddle East and Africa, and asia@roubini.com for Asia/Pacific.

Publications

Our Research
?

Our Thoughts
?

Outlook Center
?

Central Bank Watch
?

Key Views
?

Scenario Analysis
?
RGE Clients can activate their account by updating Manage My Account

Top 10 Most Read

Our Research
1. Europe’s Playbook for Financial Crises
Our Research
2. Commodities: Rising Supply, but Sticky Prices
Our Research
3. Debt and Deleveraging: Will China Turn Japanese?
Our Research
4. Recent U.S. Data Signals Suggest Slow and Steady Activity
Our Research
5. The Eurozone Malaise: From Economic Causes to Market Implications
Our Thoughts
6. Mexico's weak Q1 growth numbers
Our Thoughts
7. Private sector performance in Japan's Q1 GDP numbers
Our Research
8. A Man, a Plan and the Bank of Japan: Four Scenarios for USD/JPY
Our Research
9. House Stark: The Undeniable Slowdown Coming to Asian Property Market
Our Research
10. India Trip Report: Policy Failures Dent Potential Growth; Is a Mea Culpa Too Little Too Late?

ROUBINI FEEDBACK FORUM

What Do You Think?
Weigh in on Roubini.com's new look or report any problems you encounter.

Website Feedback Content Feedback