Home Latest News The Spanish economy increased by 0.6% in the first quarter, due to...

The Spanish economy increased by 0.6% in the first quarter, due to consumption and investment

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The Spanish economy increased by 0.6% in the first quarter of the year, For the tenth less than in the previous quarterAnd he modified his interred advance payment, from 3.3% to 2.8%, which was confirmed by the National Statistical Institute (INE) with the publication of national accounting data.

National demand brought five tenths to quarterly growth GDP, compared with four previously evaluated, while the foreign sector made a tenth, and not two, as previously calculated.

Regarding up to a year -opening 2.8%Only domestic demand contributed, providing 3.2 points, in the face of negative external demand for four tenths, the same numbers as those that are published in April.

The Ministry of Economics, Trade and Companies emphasized that Spain supports “Strong growth” In the first quarter of the year, supported by private consumption, investments in goods for equipment and a rebound of construction.

The Department of Carlos Corps also emphasized that the growth of the Spanish language is higher than that of the main European countries, such as Germany, which registered GDP growth by 0.4% in the first quarter or France, with a selection of 0.1%.

As for the quarterly progress of GDP from January to March, household consumption increased by 0.6% in the first quarter of the yearFor two tenths, more than designed in April, while government spending decreased by four tenths compared to an increase of 0.2% initially. Investments, on the other hand, grew by 0.9% in the quarter, three tenths more than provided earlier.

A Export of goods and services They presented a 1.7%intersetrometer rate, which is 1.6 points more than in the fourth quarter. For its part, the import recorded a variation of 1.6%, for four tenths more than in the previous quarter.

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