News

Spain GDP Growth Confirmed at 0.4% in Q3
The Spanish economy expanded 0.4 percent on quarter in the three months to December of 2019, unrevised from the preliminary estimate and the same as in the previous quarter. It is the lowest sequence of growth since the first half of 2014. Exports stalled and investment went up more than expected while household spending growth was revised lower. Year-on-year, the GDP grew 1.9 percent, slightly below 2 percent in the advance release. It is the lowest annual growth since the third quarter of 2014.
Published on 2019-12-30

Spain GDP Growth Holds Steady at 3-Year Low
Spain's economy expanded 0.4 percent on quarter in the three months to September 2019, unchanged from the previous period's three-year low and in line with market expectations, a preliminary estimate showed. Household consumption and fixed investment rebounded firmly, while net external demand contributed negatively to the GDP growth.
Published on 2019-10-31

Spain Q2 GDP Growth Weakest in 3 Years
Spain’s economy advanced 0.4 percent on quarter in the three months to June 2019, below a preliminary estimate and market expectations of 0.5 percent and following a downwardly revised 0.5 percent expansion in the previous period. It was the weakest growth rate since the second quarter of 2016, as government spending slowed, fixed investment shrank and household consumption stalled. Net trade contributed positively to growth. On an annual basis, the GDP expanded 2 percent, following a downwardly revised 2.2 percent growth in the previous quarter and down from a flash estimate and market forecasts of a 2.3 percent gain.
Published on 2019-09-30

Spain Q2 GDP Growth Below Forecasts
Spain’s economy expanded 0.5 percent on quarter in the three months to June of 2019, easing from a 0.7 percent advance in the previous period and below market expectations of a 0.6 percent increase, a flash estimate showed. Household consumption and government expending slowed while fixed investment contracted and net trade contributed positively to growth.
Published on 2019-07-31

Spain Q1 GDP Growth Confirmed at 0.7%
Spain’s economy advanced 0.7 percent on quarter in the three months to March 2019, after a 0.6 percent expansion in the previous period and matching a preliminary reading and market expectations, final figures showed. It was the strongest growth rate since the fourth quarter of 2017, as fixed investment rebounded while both household and government spending expanded at the same pace.
Published on 2019-06-28

Spain Q1 GDP Growth Beats Forecasts
Spain’s economy advanced 0.7 percent on quarter in the three months to March 2019, following a 0.6 percent expansion in the previous period an above market consensus of a 0.6 percent increase, a flash estimate showed. It was the strongest growth rate since the last quarter of 2017, as fixed investment rebounded while net trade contributed negatively to the GDP growth.
Published on 2019-04-30

Spain Q4 GDP Growth Revised Lower to 0.6%
Spain's quarterly economic growth was revised lower to 0.6 percent in the last three months of 2018 from a preliminary estimate of 0.7 percent and compared to the July-September period's 0.5 percent. Net external demand contributed positively to the expansion, while household consumption rose at a softer pace and fixed investment contracted.
Published on 2019-03-29

Spain Economy Expands 0.7% in Q4
Spain’s economy advanced 0.7 percent on quarter in the three months to December 2018, following a 0.6 percent expansion in the previous period and above market consensus of 0.6 percent, a preliminary figure showed. It was the strongest growth rate since the last quarter of 2017, as government spending rose markedly and net trade contributed positively to the GDP growth. Considering 2018 as a whole, the gross domestic product expanded 2.5 percent, slowing from a 3.0 percent growth in 2017.
Published on 2019-01-31

Spain Q3 GDP Growth Confirmed at 0.6%
Spain's economy expanded 0.6 percent on quarter in the three months to September 2018, unrevised from the preliminary estimate and the same pace as in the previous period. Household consumption and fixed investment increased firmly, while net trade contributed negatively to the GDP growth. On an annual basis the economy grew by 2.4 percent, below the flash estimate of 2.5 percent, and down from 2.5 percent in the second quarter. This was the weakest growth rate since the last quarter of 2014.
Published on 2018-12-28

Spanish Economy Expands 0.6% in Q3
The Spanish economy grew by 0.6 percent on quarter in the three months to September 2018, the same pace as in the previous period and in line with market expectations, a preliminary estimate showed. Household consumption and fixed investment grew at a solid pace while net external demand contributed negatively to the GDP growth. On an annual basis, the GDP rose by 2.5 percent, unchanged from the previous quarter's three-and-a-half-year low and in line with market consensus.
Published on 2018-10-31

Spain Q2 GDP Growth Confirmed at 0.6%
The Spanish economy grew by 0.6 percent on quarter in the three months to June 2018, in line with the preliminary estimate and following a downwardly revised 0.6 percent expansion in the previous period. Fixed investment rose sharply while household consumption increased at a slower pace and net external demand contributed negatively to GDP growth. On an annual basis, the economy grew by 2.5 percent in the second quarter, below a preliminary estimate of 2.7 percent and the previous period's revised figure of 2.8 percent. It was the weakest growth rate since the last quarter of 2014.
Published on 2018-09-28

Spain GDP Growth Weakest Since 2014
The Spanish economy grew 0.6 percent on quarter in the three months to June 2018, easing from a 0.7 percent expansion in the previous period and below market expectations of 0.7 percent, the preliminary figure showed. It was the lowest growth rate since the second quarter of 2014.
Published on 2018-07-31

Spain GDP Growth Confirmed at 0.7% in Q1
The Spanish economy expanded 0.7 percent on quarter in the first three months of 2018, the same as in the previous period and in line with the preliminary reading. It marks the 18th straight quarter of solid growth after a five-year financial crisis that ended in 2013.
Published on 2018-05-31

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. 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.
Published on 2018-04-27

Spain Q4 GDP Growth Confirmed at 0.7%
The Spanish economy grew by 0.7 percent on quarter in the three months to December 2017, in line with the preliminary estimate and following a downwardly revised 0.7 percent expansion in the previous period. Net external demand contributed positively to GDP growth, while fixed investment and household consumption rose at a softer pace. On an annual basis, the economy grew by 3.1 percent in the fourth quarter, unchanged from the previous period and in line with earlier estimates. In 2017, the economy expanded by 3.1 percent after a revised 3.3 percent in 2016.
Published on 2018-03-01

Spain GDP Growth Eases to 0.7% in Q4
The Spanish economy expanded 0.7 percent on quarter in the last three months of 2017, slightly below a 0.8 percent growth in the previous period and in line with market expectations. It is the weakest growth rate in four quarters, preliminary estimates showed. The political instability in Catalonia was expected to reduce private spending and tourism sales while strong exports was supposed to support growth, according to the latest quarterly report from the central bank. Considering full 2017, the economy expanded 3.1 percent, below 3.3 percent in 2016 and 3.4 percent in 2015. Figures matched estimates from the central bank and the government. Internal demand contributed 2.6 percentage points to growth while foreign demand added 0.5 percentage point, according to Bank of Spain estimate.
Published on 2018-01-30

Spanish Q3 GDP Growth Rate Confirmed at 0.8%
The Spanish economy advanced by 0.8 percent on quarter in the three months to September 2017, in line with the preliminary estimate and following a 0.9 percent expansion in the previous period. Net external demand had no contribution to growth, while fixed investment rose at a faster pace and household consumption remained solid. On an annual basis, the economy grew by 3.1 percent in the third quarter, unchanged from the previous period and in line with earlier estimates.
Published on 2017-11-30

Spanish Economy Grows 0.8% in Q3
The Spanish economy advanced by 0.8 percent on quarter in the three months to September 2017, in line with market expectations and following a 0.9 percent expansion in the previous period, the preliminary estimate showed. On an annual basis, the economy grew by 3.1 percent in the third quarter, unchanged from the previous period, and below market consensus of 3.2 percent.
Published on 2017-10-30

Spain GDP Growth Confirmed at Near 2-Year High
The Spanish economy advanced 0.9 percent on quarter in the three months to June of 2017, higher than 0.8 percent in the previous period and matching preliminary estimates. It is the strongest expansion in nearly two years, mainly due to higher consumer spending while investment slowed.
Published on 2017-08-24

Spanish Q2 GDP Growth at Near 2-Year High
The Spanish economy advanced by 0.9 percent on quarter in the three months to June 2017, in line with market expectations and following a 0.8 percent expansion in the previous period, the preliminary estimate showed. It was the strongest growth rate since the third quarter of 2015. On an annual basis, the economy grew by 3.1 percent in the second quarter, also in line with market consensus and following a 3 percent expansion in the previous period.
Published on 2017-07-28