17 Articles
17 Articles
GDP grows 2.7% year-on-year while quarterly expansion moderates slightly from 0.7%
The rate of growth shows mixed signs, speeding up compared to the previous year but with a moderation compared to the spring quarter
Spain's Gross Domestic Product (GDP) had grown 2.6% in terms of counterparts in the second quarter of the year and 0.7% in chain.
GDP relies on domestic demand to keep up despite the fact that the increase is one tenth lower than in the previous quarter.
Gross domestic product has shown a growth during the summer of 0.6%, a tenth less than in the second quarter and below market expectations. The slowdown during the summer occurs even having increased public spending three tenths to 0.9%. The data of the INE show worrying trends. The ... Continue reading "Spain's GDP slows during the summer to 0.6% while public spending skyrockets"
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