Spain | GDP growth remained at 0.6% during Q3, below expectations
Published on Wednesday, October 31, 2018 | Updated on Wednesday, October 31, 2018
Spain | GDP growth remained at 0.6% during Q3, below expectations
Summary
The Spanish economy grew 0.6% QoQ (2.5% YoY) in Q3. Domestic demand explained the entire advance (0.8 pp QoQ; 3.0 pp YoY), thanks to the gain in traction of consumption and investment. On the other hand, the contribution of external demand was negative (-0.2 pp QoQ; -0.5 pp YoY), as trade flows overall fell back again.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Regional Analysis Spain
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Authors
Salvador Ramallo Ros
Camilo Ulloa
BBVA Research - Principal Economist
Documents and files
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