Spain, II quarter GDP -1,8% year on year

23 July 2013, 8:39 | di FIRSTonline editorial team | 0

According to initial estimates by the Bank of Spain, in the second quarter the Spanish country's GDP fell by 0,1% on the previous quarter and by 1,8% on an annual basis.

Spain, II quarter GDP -1,8% year on year

The decline in Spanish GDP continues, but slows down: according to estimates by the Bank of Spain, in the second quarter there was a drop of 0,1% compared to the previous quarter and of 1,8% on an annual basis. In the first quarter, the decline was 0,5% on a quarterly basis and 2% on a trend basis.

FIRSTonline editorial team

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