Europe: The Week Ahead (Mar 25-Apr 1)
Investors in the week ahead should receive a clearer picture of Spain’s economic health, with updates that include business confidence, inflation, as well as retail sales and manufacturing.
Spain’s central bank has recently touted its “notable dynamism” has been backed by domestic demand, despite the numerous headwinds and uncertainties faced by the broader euro area.
The Bank of Spain’s assessment of first quarter of 2019 GDP suggests its economy grew by around 0.6%, supported in large part by private consumption. The upbeat sentiment falls against a background of