Spain's steady second quarter growth continues to anchor the picture, with domestic demand doing the heavy lifting while imports trim the headline pace. The quieter pressure points
Spain's steady second quarter growth continues to anchor the picture, with domestic demand doing the heavy lifting while imports trim the headline pace. The quieter pressure points remain borrowing costs, as elevated bond yields add to the government's debt bill and mortgage foreclosures climbed in the first half. Meanwhile, cost-of-living items stay in focus, from the fuel discount deadline at the end of the month to electricity prices swinging through the day.
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