Madrid, May 28 (EFE) .- The Spanish economy grew 0.9% in the first quarter thanks to the contribution of domestic demand, which was 3 points, and the recovery in consumption and investment.
The National Statistics Institute (INE), today confirmed the advance data on 30 April.
In the annual rate of increase was 2.7%, compared with 2% registered in the fourth quarter of 2014.
Between January and March 2015 the Spanish economy once again strengthened and employment It grew 0.8% quarterly rate and 2.8% year on year.
The GDP rose quarter on quarter two more than in the fourth quarter of 2014 tenths chains seven consecutive quarters of gains.
This breakthrough is a result of increased spending on household consumption of 0.7% and an increase in government spending of 1.6% and a 1.3% rise in
The domestic demand contributed to GDP growth in three points, three points more than it did in the previous quarter, while external demand also had a less negative contribution of -0.3% .
So, exports grew by 1% quarter on quarter and imports grew 0.8%.
In terms of annual variation, the Spanish economy and is growing 2.7%, close to the 2.9 estimated by the Government later this year%.
The use of the economy increased one tenth between January and March, compared to the last quarter of last year and grew in annual terms four tenths.
No comments:
Post a Comment