Spain | GDP grew 0.6% in 2Q18, less than that expected and that observed in 1Q18
Published on Tuesday, July 31, 2018 | Updated on Tuesday, July 31, 2018
Spain | GDP grew 0.6% in 2Q18, less than that expected and that observed in 1Q18
Summary
The Spanish economy slowed by 0.1% to 0.6% QoQ in Q2. Domestic demand accounted for the entire advance, although some items such as private consumption disappointed. The contribution of external demand was negative, as trade flows declined overall. Despite this, investment in machinery recovered traction
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