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Spain, IV quarter GDP below expectations: +0,2%

In the first reading, slightly more sustained growth on a quarterly basis was reported, equal to 0,3%, after +0,1% in the third quarter – In 2013 as a whole, however, the Spanish gross domestic product recorded a 1,2%, which follows the -1,2% of 2012.

Spain, IV quarter GDP below expectations: +0,2%

In the fourth quarter of last year Spain's GDP it rose by 0,2% quarterly and fell by 0,2% year-on-year. 

The final data was published today by INE, the national statistics office in Madrid, which recalls that in the first reading a slightly more sustained growth on a quarterly basis was reported, equal to 0,3%, after +0,1, 0,1% of the third quarter. On an annual basis, the preliminary estimate was for a decrease of 1,1%, after -XNUMX% in the previous quarter.

In 2013 as a whole, however, the Spanish gross domestic product recorded a decline of 1,2%, which follows the -1,2% of 2012. 

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