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Published on Friday, April 27, 2018 | Updated on Friday, April 27, 2018

Spain | GDP growth stabilised in 1Q18 according to the progress indicator

The Spanish economy grew 0.7% QoQ (2.9% YoY) in 1Q18, supported by domestic demand. Although this increase in business activity is slightly less than expected in real time (0.8% QoQ), it is consistent with the BBVA Research scenario, which envisages an average increase in GDP of 2.9% by 2018