Spain | National Accounting validates the stabilization of growth in 1Q16

Summary

As it was anticipated in the last issue of our Spain Outlook, the growth of the Spanish economy remained at 0,8% QoQ during 1Q16, despite the uncertainty. While internal demand continued to be the driving force behing GDP growth (1,05pp QoQ), net external demand reduced dynamism from activity (-0,28 pp QoQ).

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