Brexit could impact on Spanish GDP – IMF

The Paris-based think tank said on Monday that Brexit could lower Spanish GDP by 0.3% through next year.

The IMF also sees Spanish inflation could pick up to 1.2% this year, while he public deficit is expected at 4.5% of GDP in 2016 and 3.2% in 2017.

The IMF noted that the country needs to enhance reforms in order to tackle unemployment and low productivity.