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Rebalancing of global growth but not without risk. Higher contribution to growth by developed economies and lower deterioration in emerging markets
The Spanish economy has begun to grow moderately, underpinned by exports, and a fiscal adjustment that became better distributed over time
Private consumption, especially in the case of durable goods, has shown the first recovery signs following the improvement of its determining factors
A favorable pattern in consumer finance has allowed an increase in domestic demand
The insufficient adoption of new technologies by companies limits e-commerce growth in Spain
The ageing of the Spanish population might have a positive impact on household consumption in the coming decades
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