Thursday, August 25, 2016

Spanish economy grows more than estimated – TVI24

The Spanish economy grew 0.8% in the second quarter of 2016, a similar growth in the previous quarter, announced the Spanish statistical agency.

in what refers to the quarterly growth over the same period 2015 was 3.2% compared to 3.4% the previous quarter counterparts.

the institute adds that, year on year, rate “coincides with published the preliminary estimates of Gross Domestic Product (GDP) last July 29″ , as compared against the period between January and March “is one tenth superior “.

in terms of contributions, the Spanish economy was helped by increased foreign demand over the slight slowdown in domestic consumption.

the document on accounting national quarter also shows that employment in the economy in terms of jobs full time, had a quarterly increase of 0.6%, although lower than the previous quarter. A slowdown also visible in the annual quarterly comparison.

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