Spanish Economy Grows 0.8% In Q1


The Spanish economy expanded by 0.8 percent on quarter in the three months to March 2017, following a 0.7 percent growth in the previous period and beating market expectations of 0.7 percent, a preliminary estimate showed.

It was the 14th straight quarter of growth, after a five-year financial crisis that ended in 2013.

On an annual basis, the economy grew by 3 percent in the first quarter, unchanged from the rate in the previous period and also above market consensus of a 2.9 percent expansion.

The economy grew 3.2 percent in 2016 and is expected to expand by 2.5 percent this year.

Spanish Economy Grows 0.8% In Q1


Joana Ferreira | joana.ferreira@tradingeconomics.com
4/28/2017 9:15:40 AM