Real-time GDP MIPred
The MIPred model provides a real-time estimate of quarter-over-quarter Gross Domestic Product (GDP) growth for the current quarter by combining fully available information from public and peer-reviewed databases. The estimate evolves as new information becomes available.
It is important to keep in mind that rapid and intense changes in the economic situation due to exceptional events may take time to be reflected in the model’s forecasts due to the unavailability of data reflecting them.
The results of this model are incorporated into AIReF’s forecasting process, although they do not necessarily coincide with its very short-term diagnosis.
Complete MIPred from a demand perspective
The growth forecast of the macroeconomic picture of the Spanish economy for the current quarter is presented below. More precisely, the macroeconomic picture refers to the growth of Gross Domestic Product (GDP) estimated at the same time as that of its components from the point of view of demand: private consumption, public consumption, investment in equipment, investment in construction, exports and imports of goods and services. The table is completed with employment forecasts.
