The economy of the CAV remains in the ‘soft growth’ area and moves somewhat of the ‘fixed growth’ that was discussed in January.
The Basque economy has delayed its growth in March because the weakness of the industry is extended, which has no signs of recovery and with an uncertainty that increases through the panorama of international trade.
This is revealed in the ‘Economic Thermometer’ that the Basque government approaches every month and that a note of a note of 94.3 out of 150Compared to 95.8 points in February and the 99.4 that reached in January.
In this way, the CAV economy remains in the field of ‘Soft growth’ (50 to 100 points) and moves somewhat of ‘solid growth’ (between 100 and 150) that came to touch in January.
The thermometer, to obtain these scores, analyzes one hundred indicators, that in March that domestic question “persistent progress” maintained, with consumption and investments that managed to compensate for the stagnation of foreign trade.
Together the economy follows a “remarkable growth” process, says this study, which confirms that there are unequal rhythms of evolution between sectors.
So the build It maintains “high growth” and the services continue to make progress and reinforce the labor market, although at a lower pace than last year.
The Industry, however, extends the weakness of the last months, without repair drawing and an uncertainty that is increasing due to the trade war of the United States that was already expected in March and that Donald Trump specified on 2 April with the application of rates.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
