Wednesday, August 31, 2016

Spanish public deficit State to July stood at 2.66 pct of GDP – Investing.com Spain

(Reuters) – The central state deficit stood at 2.66 percent of GDP until July from 1.9 percent the previous month, according to the Ministry of Hacienda on Wednesday.

the State recorded a deficit in July of 29.842 million euros, 4,895 more than in the same period of 2.015 billion, representing an increase of 19.6 percent over the previous year .

Meanwhile, the Social Security accounts show a negative balance of 5721.48 million in July, equivalent to 0.51 percent of GDP.

Hacienda did not provide Wednesday data public deficit of all Administrations without municipalities, which usually announced along with the data of the central state.

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