Spain's Q2 GDP Growth Confirmed - ConsultFX

Spain's Q2 GDP Growth Confirmed

Spain's economy expanded as initially estimated in the second quarter, final data from the statistical office INE showed Friday.

Gross domestic product climbed 0.6 percent on quarter, as previously estimated, in the second quarter. A similar pace of growth was logged in the first quarter.

Year-on-year, GDP growth eased to 2.5 percent from 2.8 percent in the previous quarter. The rate for the second quarter was revised down from 2.7 percent.

According to INE, gross national income and gross national disposable income climbed 0.8 percent and 0.9 percent, respectively.


The material has been provided by InstaForex Company - www.instaforex.com