RaboResearch - Economic Research

Economic Update Dutch version

Spain: bright spots are emerging gradually

The bright spots for the economy are beginning to emerge. Sentiment indicators increased considerably in May and June. Further, the two year relaxation of Spain’s budget targets allows the country to avoid a tougher austerity effort going forward.

Economic Update Dutch version

Germany: recovery back on track?

Germany’s GDP grew 0.1% in 13Q1, primarily driven by private consumption. The cold weather negatively affected growth. We expect recovery to pick up some speed in Q2 on the back of stronger construction activity and solid consumption growth.