• Sees increased risk of lower inflation expectations
  • Global economy on track for a progressive recovery

Europe lacks a bit more than Dynamism

Oh, hang on, there’s more;

  • Spanish economy is growing with dynamism this year and will grow at a measured pace in Q4
  • Economy to grow around 2% in Q4
  • Spanish inflation is extremely moderate (can something be extremely moderate?)
  • Inflation to turn positive by year end