Just Published: "Spain Business Forecast Report Q1 2015"

From: Fast Market Research, Inc.
Published: Fri Dec 19 2014

Core Views

* Spain's economy will return to growth in 2014, due to steady export growth and the progress made on corporate deleveraging. However, a more balanced recovery will be restricted by Spanish household's lack of progress paying down their debts, with much more pain ahead for Spanish consumers.
* Spain's current account surplus will grow to 2.3% of GDP in 2014, as the country begins re-orientating its increasingly competitive goods exports back to its main trading partners in Europe. Although robust tourism will keep the current account in positive territory for the foreseeable future, inefficient use of these sustained surpluses will limit Spain's long-term growth potential.
* Although Spain's budget shortfall will continue shrinking over the next few years, overly optimistic revenue and spending projections will contribute to the government missing its fiscal targets in 2014 and 2015. We forecast the budget shortfall to fall to a worse-than consensus 6.1% of GDP in 2014.
* Despite inflation registering its lowest December increase in over 50 years in 2013, we believe a modest pickup in domestic demand should prevent price growth pushing into deflationary territory over the coming months.
* The sharp increase in separatist sentiment in Catalonia is likely to increase political instability in Spain over the next few quarters, with the growing threat of secession likely undermine investor sentiment and raise doubts over the sustainability of Spain's growing debt load.

Full Report Details at
- http://www.fastmr.com/prod/912219_spain_business_forecast_report_q1_2015.aspx?afid=301

Key Risks To Outlook

* The unbalanced nature of Spain's recovery has left the economy overly reliant on the continued outperformance of the export sector, with the emerging market slowdown increasing the country's reliance on eurozone demand. We would therefore be tempted to downgrade our growth forecasts if leading and high frequency indicators points towards a slower-than-expected recovery in eurozone demand in H114.
* Although the dramatic fall in borrowing costs following the...

The Spain Business Forecast Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in Spain and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of Spain's economic, political and financial prospects through end-2018, just published by award-winning forecasters, Business Monitor International (BMI).

Key Uses

* Forecast the pace and stability of Spain's economic and industry growth through end-2018.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the business environment that pose hidden barriers and costs to corporate profitability.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Brazil Business Forecast Report Q1 2015
- Nigeria Business Forecast Report Q1 2015
- Philippines Business Forecast Report Q1 2015
- Vietnam Business Forecast Report Q1 2015
- Trinidad & Tobago Business Forecast Report Q1 2015
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »