Spain could again revise down 2018 growth forecast due to Catalonia: Rajoy

November 9, 2017 11:55 AM

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MADRID - The Spanish government could again revise down the country's 2018 economic growth forecast due to the political crisis in Catalonia, Prime Minister Mariano Rajoy said on Thursday.

"It is affecting tourism, it is affecting some entities and it is affecting trade. We have seen some worrying figures. And it could be that next year effectively this will lead to a cut to growth," Rajoy told reporters in the city of Salamanca.

The government already revised down 2018 growth from 2.6 percent to 2.3 percent last month.

Source: todayonline.com

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