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Spain: the economy slows down

Author

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  • Oscar-Erich Kuntze

Abstract

In 2000 the robust economic growth of the previous year was only surpassed in the first quarter. However, real GDP expanded as a result of the large overhang at the beginning of the year by 4.1%. The situation on the labour market continued to improve. The unemployment rate fell to an annualised 14.1%. Consumer prices rose clearly by 3.5%. In 2001 GDP will increase by 2¾% and the unemployment rate will decline to 13½%. Consumer prices are expected to increase by 3½%.

Suggested Citation

  • Oscar-Erich Kuntze, 2001. "Spain: the economy slows down," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(10), pages 25-30, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:10:p:25-30
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    File URL: https://www.ifo.de/DocDL/ifosd_2001_10_5.pdf
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    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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