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    Published on Tuesday, July 31, 2018 | Updated on Tuesday, July 31, 2018

    Spain | GDP grew 0.6% in 2Q18, less than that expected and that observed in 1Q18

    Summary

    The Spanish economy slowed by 0.1% to 0.6% QoQ in Q2. Domestic demand accounted for the entire advance, although some items such as private consumption disappointed. The contribution of external demand was negative, as trade flows declined overall. Despite this, investment in machinery recovered traction

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    Authors

    Camilo Ulloa BBVA Research - Principal Economist
    Salvador Ramallo Ros

    Documents and files

    Report (PDF)

    CNT_2T18

    Spanish - July 31, 2018

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