Spanish Economy Expands 0.7% in Q1


The Spanish economy grew by 0.7 percent on quarter in the three months to March 2018, the same pace as in the previous period and in line with market expectations, a preliminary estimate showed.

It was the 18th straight quarter of solid growth after a five-year financial crisis that ended in 2013.

On an annual basis, the GDP rose by 2.9 percent in the first quarter, easing from a 3.1 percent increase in the previous period and missing market consensus of 3 percent. It was the weakest annual growth rate in three years.

Spanish Economy Expands 0.7% in Q1


Joana Ferreira | joana.ferreira@tradingeconomics.com
4/27/2018 7:10:47 AM