FAST Indicator points to stronger growth ahead

The FAST® (Financial Analyst’s Survey Trend) Indicator, which combines macroeconomic and sector expectations over the next six months, rose to 74.4 in Portugal and 80.3 in Spain in May, pointing to an acceleration in the spring. Since the beginning of the year, Spain has caught up with Portugal.

Replying to the special question this month, most analysts in this month’s poll expect Portugal will require some form of debt renegotiation over the next five years. However, none expect further financial support to be necessary.

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