Catalan economy “recovers dynamism,” says chamber of commerce

The Catalan economy recovered “dynamism” in the first term of 2018. This, according to Barcelona’s Chamber of Commerce. In a press conference, its president, Miquel Valls, said that the economic side effects of the political woes of last autumn have been “isolated” and only in some sectors, and have been left behind. According to him, tourism and trade were the most affected ones in the last months of 2017, but green numbers are also back in these sectors.

With these positive figures on the table, the chamber of commerce announced this Thursday that it raises the Catalan economy growth forecast for 2018 from 2.7% to 3.1%. Thus, the Chamber believes that the slowing down of the economy due to the political situation foreseen some months ago is not happening. Yet the institution has urged for a formation of a new government for the country because the current impasse is “negative,” according to Valls.