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スペインの国立統計局は、2012年4月ー6月の経済成長率は、ー0'4%、年間の経済成長率はー1'0%と発表、経済の悪化による景気後退
El INE confirma el agravamiento de la recesión en el segundo trimestre de 2012
El PIB cae un 0,4% entre abril y junio frente al inicio de 2011 y un 1% en tasa interanual
La menor demanda interna, lastrada por el consumo y la inversión, frenan la economía
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The INE confirms the worsening recession in the second quarter of 2012
GDP falls by 0.4% between April and June from the beginning of 2011 and 1% on year
The lower domestic demand, weighted by consumption and investment, slow the economy
The Country Madrid 30 JUL 2012 - 09:43 CET
GDP falls by 0.4% between April and June from the beginning of 2011 and 1% on year
The lower domestic demand, weighted by consumption and investment, slow the economy
The Country Madrid 30 JUL 2012 - 09:43 CET
The National Statistics Institute confirmed Monday that the recession worsened in the second quarter with a fall in gross domestic product (GDP) of 0.4%, one tenth more than the start of 2012. Year on year contraction of 0.4% goes to 1%. The data confirms the progress we published a little over a week the Bank of Spain and the statistical office also agrees on the causes of the contraction.
"This result occurs because of a more negative contribution of domestic demand, partially offset by a contribution from the positive external demand and order similar to that recorded in the previous quarter," said the INE. The Bank of Spain also alluded to the weakening of private consumption accounts for more than 50% of GDP by the demand side. Furthermore it noted that the recession would have been more intense but for "the moderate recovery in exports."
In the annual comparison, GDP falls and 1%, in line with government forecasts for the full year (-1.5%). The effect of the additional communities (approved in July) and the new changes approved by the Executive (concentrated in the final stretch of the year) will depend in large part to meet the official forecast.
In addition, according to latest government forecasts published updated mid-month, the economy also continue downward in 2013 with a contraction of 0.5% whereas hitherto the Executive expected a 0.2% rise, bringing the recovery will not arrive until 2014. The government then claimed that these figures already include the effect of adjustments, although the International Monetary Fund warned on Friday that, taking into account the cuts announced in early July, the Spanish economy will fall by 1.2%, twice as that estimated in June.
For experts the governing body Christine Lagarde, "the new fiscal consolidation will have a significant impact on growth, especially in 2013." However, in order to achieve applaud the essential, in his view, deficit reduction, which should fall to 6.3% this year and 4.5% of GDP next.
However, by 2014, when it should reach 2.8% and comply with the limits of Brussels, the IMF estimates that the goal will not be achieved unless additional adjustments put in place. It will take "further measures" to achieve the goal in 2014, the year for which forecasts a gap of 3.6%. "For example, in VAT," added the IMF in its report on the Spanish economy published on Friday. This opens the door to new tax increases beyond 21% in the general rate that will apply from September.
For details of the data from the INE for the second quarter it will take later this month because it does not publish details of National Accounts until 28 August.
"This result occurs because of a more negative contribution of domestic demand, partially offset by a contribution from the positive external demand and order similar to that recorded in the previous quarter," said the INE. The Bank of Spain also alluded to the weakening of private consumption accounts for more than 50% of GDP by the demand side. Furthermore it noted that the recession would have been more intense but for "the moderate recovery in exports."
In the annual comparison, GDP falls and 1%, in line with government forecasts for the full year (-1.5%). The effect of the additional communities (approved in July) and the new changes approved by the Executive (concentrated in the final stretch of the year) will depend in large part to meet the official forecast.
In addition, according to latest government forecasts published updated mid-month, the economy also continue downward in 2013 with a contraction of 0.5% whereas hitherto the Executive expected a 0.2% rise, bringing the recovery will not arrive until 2014. The government then claimed that these figures already include the effect of adjustments, although the International Monetary Fund warned on Friday that, taking into account the cuts announced in early July, the Spanish economy will fall by 1.2%, twice as that estimated in June.
For experts the governing body Christine Lagarde, "the new fiscal consolidation will have a significant impact on growth, especially in 2013." However, in order to achieve applaud the essential, in his view, deficit reduction, which should fall to 6.3% this year and 4.5% of GDP next.
However, by 2014, when it should reach 2.8% and comply with the limits of Brussels, the IMF estimates that the goal will not be achieved unless additional adjustments put in place. It will take "further measures" to achieve the goal in 2014, the year for which forecasts a gap of 3.6%. "For example, in VAT," added the IMF in its report on the Spanish economy published on Friday. This opens the door to new tax increases beyond 21% in the general rate that will apply from September.
For details of the data from the INE for the second quarter it will take later this month because it does not publish details of National Accounts until 28 August.
INEは、2012年の第二四半期に悪化景気後退を確認する
GDPは2011年の初め、年に1%から4月と6月の間に0.4%に低下
消費と投資によって加重下の国内需要は、経済を遅らせる
カントリーマドリード30 JUL 2012 - 午前9時43分CET
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