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Published on Tuesday, July 31, 2018 | Updated on Tuesday, July 31, 2018

Spain | GDP grew 0.6% in 2Q18, less than that expected and that observed in 1Q18

Summary

The Spanish economy slowed by 0.1% to 0.6% QoQ in Q2. Domestic demand accounted for the entire advance, although some items such as private consumption disappointed. The contribution of external demand was negative, as trade flows declined overall. Despite this, investment in machinery recovered traction

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CNT_2T18

Spanish - July 31, 2018

Authors

Camilo Ulloa
Camilo Ulloa Principal economist for Spain & Portugal
BBVA Research
More information
SR
Salvador Ramallo Ros

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