Spain Food & Drink Report Q3 2012 - New Market Research Report
Spain's domestic economy continues to be crippled by the government's fiscal austerity drive, with unemployment continuing to head higher, and house prices still tumbling. At the same time, Spain's ability to export its way out of recession has disappeared with the rest of the eurozone caught up in a pronounced slowdown. We continue to target a 2.1% contraction in real GDP this year, and we now expect Spain's economic contraction to continue into 2013, where we forecast a further contraction...
View full press release