Private consumption is the expenditure made by organizations, companies, families and individuals in a country during a specified period of time (normally one year) in order to satisfy their needs for goods and services. This basic indicator for measuring GDP showed a decline, with a decrease of more than nine percentage points for 2020, according to the forecasts presented by the Spanish government in May 2020.
Government forecast on the impact of the coronavirus on private consumption in Spain for 2020 and 2021
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El País. (May 1, 2020). Government forecast on the impact of the coronavirus on private consumption in Spain for 2020 and 2021 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1153898/covid-19-variation-annual-of-the-consumption-private-according-he-government-of-spain/
El País. "Government forecast on the impact of the coronavirus on private consumption in Spain for 2020 and 2021." Chart. May 1, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1153898/covid-19-variation-annual-of-the-consumption-private-according-he-government-of-spain/
El País. (2020). Government forecast on the impact of the coronavirus on private consumption in Spain for 2020 and 2021. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1153898/covid-19-variation-annual-of-the-consumption-private-according-he-government-of-spain/
El País. "Government Forecast on The Impact of The Coronavirus on Private Consumption in Spain for 2020 and 2021." Statista, Statista Inc., 1 May 2020, https://www.statista.com/statistics/1153898/covid-19-variation-annual-of-the-consumption-private-according-he-government-of-spain/
El País, Government forecast on the impact of the coronavirus on private consumption in Spain for 2020 and 2021 Statista, https://www.statista.com/statistics/1153898/covid-19-variation-annual-of-the-consumption-private-according-he-government-of-spain/ (last visited August 24, 2024)
Government forecast on the impact of the coronavirus on private consumption in Spain for 2020 and 2021 [Graph], El País, May 1, 2020. [Online]. Available: https://www.statista.com/statistics/1153898/covid-19-variation-annual-of-the-consumption-private-according-he-government-of-spain/