Monday June 1, 2020

Spanish growth speeds up as consumer, Government spending rise

Growth gained momentum in the first quarter in Spain, the euro area’s fourth-largest economy, as household and government spending increased.

29th May, 2014
Spanish Prime Minister Mariano Rajoy is counting on a recovery from a six-year slump to tackle the budget deficit amid a 25 per cent jobless rate

Growth gained momentum in the first quarter in Spain, the euro area’s fourth-largest economy, as household and government spending increased.

Gross domestic product increased 0.4 per cent in the first quarter from the previous three months, the National Statistics Institute in Madrid said today, confirming its April 30 first estimate. That marked an acceleration from 0.2 per cent in the fourth quarter of 2013.

Prime Minister Mariano Rajoy is counting on a recovery from a six-year slump...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago