Levante islands and pull the Spanish GDP in the second quarter – Investing.com Spain

MADRID (Reuters) – Tourist Canary and Balearic Islands helped keep the growth of the Spanish economy in the second quarter with quarterly growth of 1.1 percent, compared to 0.7 percent of the average of Spain, according to estimates made public Monday.

the data, prepared by the Independent Authority for Fiscal Responsibility (trade show), show that the Mediterranean regions of Valencia and Murcia also they blunted with a growth rate of 0.9 percent between April and June this year.

These autonomous communities (CCAA) offset the quarterly growth of 0.5 percent of Asturias, Castilla y Leon and Extremadura and 0.6 percent of Andalusia.

the two main communities for their weight in GDP, Madrid and Catalonia, were at the national average and its economy grew 0.7 percent in the second quarter, according to trade show.

in annual terms, the fork between communities is even wider, with the Balearic Islands (4.4%) further highlighting from the rest, followed by Canarias ( 3.8%) and Valencia (3.7%), compared to a Spanish average of 3.2 percent.

below 3 percent year totaled six of the 17 regions, reaching the tail of the country Extremadura (2.4%).

the Spanish government expects the Spanish economy to grow 2.9 percent this year after doing by 3.2 percent in 2015. <- / 6938 / FP_ES_site / FP_ES_TextNote ->

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