💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Spain final second quarter GDP 1.0 percent quarter-on-quarter, 3.1 percent year-on-year - INE

Published 27/08/2015, 08:05
© Reuters. A worker talks by phone in a building under construction in Barcelona

The Spanish economy expanded at a 1 percent clip in the second quarter versus the first, final data from statistics institute INE showed on Thursday, confirming growth at the fastest pace in over 8 years in line with economists' expectations.

That improved on expansion of 0.9 percent in the first quarter, and could mark the high point of growth according to some economists. The conservative government, facing an election before year end, expects full year growth of 3.3 percent.

© Reuters. A worker talks by phone in a building under construction in Barcelona

Spain grew 3.1 percent in the second quarter versus the same period a year ago, up from 2.7 percent in the first quarter and also meeting forecasts in a Reuters poll.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.