Spain’s Sanchez Is Struggling to Make the Case for the Economy

  • ‘When you look at it in detail the picture is not that rosy’
  • Spaniards are still reeling from sharp drops in real income
Pedro SanchezPhotographer: Simon Wohlfahrt/Bloomberg
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The resilience of Spain’s economy likely won’t be enough to convince votersBloomberg Terminal to reelect Prime Minister Pedro Sanchez in Sunday’s election when his Socialists look set to lose to the conservative People’s Party.

Spaniards are still reeling from one of the sharpest drops in real income in Europe even as output is growing steadily, with soaring inflation easing back to normal and record employment.