Investor Presentaiton
GDP growth estimates of the Community of Madrid in 2023-2024
On average, growth in the Community of Madrid
is expected to be in May-Jun between 1.4% and
2.1% YoY matching or exceeding the forecast for
Spain in all cases. (vs.[1.5%-2.0%] in May-jun).
GDP growth forecasts. Community of Madrid and Spain
Real GDP growth rates
Summary of projections 2023
Rates of change of real GDP*
2,5
2,0
1,8
1,5
1,0
0,5
0,0
C. Madrid
BBVA Research jun-23
CEP REDE may-23
*Average
Summary of projections 2024
Rates of change of real GDP*
4,00
3,50
3,00
1,7
2,50
2,5
2,1
2,00
1,50
1,00
0,50
0,00
Spain
Hispalink jun-23
FUNCAS may-23
C. de Madrid
I BBVA Research jun-23
ICEPREDE may-23
España
Hispalink jun-23
-Average
Issues to follow:
✓
Developments in the war in Ukraine.
✓
Polarisation of blocks and its implications.
✓
Overall weakening of global demand.
✓
✓
Effectiveness of monetary policy measures in
anchoring inflation expectations.
Response of activity and employment to
current and future changes in the public policy
mix.
Risk of financial fragmentation stemming from
the high levels of public debt and possible
territorial asymmetry of the current adjustment
stage.
Stakeholder confidence in a context of high
levels of uncertainty.
Challenge: cohesion of the European Union
and its positioning in the new global
geopolitical framework.
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