A geostatistical framework is proposed to downscale daily precipitation and temperature. The methodology is based on multiple-point geostatistics (MPS), where a multivariate training image is used to represent the spatial relationship between daily precipitation and daily temperature over several years. Here the training image consists of daily rainfall and temperature outputs from the Weather Research and Forecasting (WRF) model at 50 and 10 km resolution for a 20 year period ranging from 1985 to 2004. The data are used to predict downscaled climate variables for the year 2005. The result, for each downscaled pixel, is daily time series of precipitation and temperature that are spatially dependent. Comparison of predicted precipitation and temperature against a reference data set indicates that both the seasonal average climate response together with the temporal variability are well reproduced. The explicit inclusion of time dependence is explored by considering the climate properties of the previous day as an additional variable. Comparison of simulations with and without inclusion of time dependence shows that the temporal dependence only slightly improves the daily prediction because the temporal variability is already well represented in the conditioning data. Overall, the study shows that the multiple-point geostatistics approach is an efficient tool to be used for statistical downscaling to obtain local-scale estimates of precipitation and temperature from General Circulation Models.