TeleTrade - Analytics

    TeleTrade

    873.00 6.50/10
    68% of positive reviews
    Real

    26.11.2015 09:08 Spain’s economy expands 0.8% the third quarter

    The Spanish statistical office INE released its final gross domestic product (GDP) for Spain. Spain's economy expanded 0.8% the third quarter, in line with the preliminary reading, after a 1.0% growth in the second quarter. It was the ninth consecutive increase.

     

    On a yearly, GDP grew 3.4% in the third quarter, in line with the preliminary reading, after a 3.1% in the second quarter. It was the fastest growth since the fourth quarter of 2007.

     

    Household spending climbed 1% in the third quarter, general government spending rose by 0.9%, while investment increased 1.1%.

     

    Exports were up 2.8% in the third quarter, while imports jumped 4%.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree