FOREX TradingCharts.com

Financial News: Spain Q1 GDP Growth Fastest In 5 Quarters

Spain Q1 GDP Growth Fastest In 5 Quarters

04/30/2019 - 03:19:00 (RTTNews)

(RTTNews) - Spain's economy expanded at the fastest pace in five consecutive quarters in the first three months of the year, flash data from the statistical office INE showed on Tuesday.

Gross domestic product grew 0.7 percent from the fourth quarter of 2018, when it expanded 0.6 percent. Economists had expected the growth rate to remain unchanged.

The latest pace of growth was the fastest since the fourth quarter of 2017, when the economy expanded at the same pace.

Household consumption growth eased slightly to 0.3 percent, while investment rebounded with a 0.7 percent gain after stagnating in each of the previous two quarters.

Exports shrunk 0.5 percent after growing 0.7 percent in the previous quarter and imports decreased 1.1 percent following stability.

Industrial production rebounded with 1.4 percent growth and construction expansion improved to 1.8 percent. Services growth was stable at 0.8 percent.

On a year-on-year basis, GDP increased 2.4 percent in the first quarter after a 2.3 percent rise in the previous three months. In the third quarter of last year, growth was 2.5 percent.

In the first quarter, employment grew 2.8 percent year-on-year after a 2.6 percent increase in the previous three months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


OECD Trims Global Growth Outlook On Trade Disputes (15 min(s), 35 sec(s) ago)
(RTTNews) - The Organization for Economic Co-operation and Development lowered the 2019 global gro ...Full Story»

Slovenia Output Prices Rise In April (02 hr(s), 0 min(s),35 sec(s) ago)
(RTTNews) - Slovenia output prices rose in April, figures from the Statistical Office of the Repub ...Full Story»

UK Manufacturing Orders Lowest Since Late 2016: CBI (02 hr(s), 20 min(s), 35 sec(s) ago)
(RTTNews) - UK manufacturing orders hit its lowest level since October 2016, the Industrial Trends ...Full Story»

Thailand Cuts Outlook After Economy Logs Weakest Growth Since 2014 (03 hr(s), 30 min(s), 35 sec(s) ago)
(RTTNews) - The Thai economy grew at the slowest pace in more than four years in the first quarter ...Full Story»

OECD Downgrades 2019 Global Growth Projection (03 hr(s), 43 min(s), 35 sec(s) ago)
(RTTNews) - The Organization for Economic Co-operation and Development downgraded the global growt ...Full Story»

Turkey Consumer Confidence Eases In May (04 hr(s), 48 min(s), 35 sec(s) ago)
(RTTNews) - Turkey's consumer confidence eased in May after rising in the previous month, figu ...Full Story»

Denmark Consumer Confidence At 8-Month High (05 hr(s), 0 min(s),35 sec(s) ago)
(RTTNews) - Denmark's consumer confidence grew to the highest level in eight months in May, su ...Full Story»

New Zealand Credit Card Spending Rises In April (05 hr(s), 35 min(s), 35 sec(s) ago)
(RTTNews) - New Zealand's credit card spending increased in April, after falling in the previo ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

OECD Trims Global Growth Outlook On Trade Disputes

05/21/2019 - 08:56 AM (RTTNews)
(RTTNews) - The Organization for Economic Co-operation and Development lowered the 2019 global gro ...Full Story>>

Slovenia Output Prices Rise In April

05/21/2019 - 07:11 AM (RTTNews)
(RTTNews) - Slovenia output prices rose in April, figures from the Statistical Office of the Repub ...Full Story>>

UK Manufacturing Orders Lowest Since Late 2016: CBI

05/21/2019 - 06:51 AM (RTTNews)
(RTTNews) - UK manufacturing orders hit its lowest level since October 2016, the Industrial Trends ...Full Story>>

Thailand Cuts Outlook After Economy Logs Weakest Growth Since 2014

05/21/2019 - 05:41 AM (RTTNews)
(RTTNews) - The Thai economy grew at the slowest pace in more than four years in the first quarter ...Full Story>>

OECD Downgrades 2019 Global Growth Projection

05/21/2019 - 05:28 AM (RTTNews)
(RTTNews) - The Organization for Economic Co-operation and Development downgraded the global growt ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.