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Spain out of the recession: GDP +0,1% in the third quarter

The central bank specifies that this figure is accompanied by an improvement on the employment front: unemployment, in fact, should show the least negative figure in the third quarter since the beginning of the crisis, after reaching 26,3% in the second quarter.

Spain out of the recession: GDP +0,1% in the third quarter

After nine quarters in recession, the Spain finally finds the path of growth, albeit slight. According to the economic bulletin of the Spanish Central Bank, between July and September the Iberian country's GDP rose by 0,1%. The official data will be released at the end of October. 

The institute specifies that this figure is accompanied by an improvement on the employment front: unemployment, in fact, should show the least negative figure in the third quarter since the beginning of the crisis, after having reached 26,3% in the second quarter.

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