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The OECD lowers its GDP forecast for Spain to 4.1%, with inflation of 8.1%

The OECD has revised downwards the economic forecasts for Spain and calculates that this year it will grow by 4.

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The OECD lowers its GDP forecast for Spain to 4.1%, with inflation of 8.1%

The OECD has revised downwards the economic forecasts for Spain and calculates that this year it will grow by 4.1% -compared to the 5.5% it had estimated in December-, while average inflation will skyrocket to 8.1% -compared to to the 3% forecast previously.

In its semi-annual Economic Outlook report published this Wednesday, the Organization for Economic Cooperation and Development (OECD) has lowered its figures due to the impact of the war in Ukraine. By 2023, it anticipates growth of only

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