Interest Rate in Spain

Spain Interest Rate | Economic News & Forecasts

Spain - Interest Rate

Available data points to softer activity in the final quarter of the year, after a strong rebound in consumer spending buttressed growth in Q3. Industrial production shrank for the first time in seven months in October, while the manufacturing PMI remained firmly entrenched in negative territory in October and November amid ongoing economic and political uncertainties. These conditions will likely also bite into household consumption, as reflected by slowing retail sales growth in October and consumers turning deeply pessimistic in November. Meanwhile, the center-left Spanish Socialist Worker’s Party (PSOE)—which quickly struck a coalition agreement with leftist United We Can (UP) following the 10 November election—continues its talks with other smaller parties, most notably the separatist Republican Left of Catalonia party (ERC), in order to form a government. The outcome of a likely second-round investiture vote, which seems will occur in the next few weeks, remains uncertain.

Spain - Interest Rate Data

2013   2014   2015   2016   2017  
Policy Interest Rate (%)-     -     -     -     -     

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Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Spain Facts

Value Change Date
Bond Yield0.465.62 %Dec 31
Exchange Rate1.120.65 %Dec 31

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