Arab Today, arab today spain\s grows by 01 in q3
Last Updated : GMT 23:20:45
Arab Today, arab today
Arab Today, arab today

Spain\'s grows by 0.1% in Q3

Arab Today, arab today

Arab Today, arab today Spain\'s grows by 0.1% in Q3

Madrid - XINHUA

The Spanish economy grew by 0.1 percent from the second quarter to the third quarter of 2013, according to advanced data provided by the Spanish National Institute of Statistics (INE) on Wednesday. The Bank of Spain had already advanced this data last week and the Spanish government had said several times that Spain would grow in the second half of the year. The INE has confirmed that Spain left recession behind in the third quarter of this year although final figures will be published on November 28 when the INE will also provide more detailed information on the situation of the Spanish economy. Spain's gross domestic product (GDP) contracted for the first time in the second quarter of 2011, when it fell by 0.1 percent. It contracted by 0.3 percent in the third quarter of 2011 and the economy fell into recession since then, accumulating nine consecutive quarters of contractions. However, despite the slight growth registered on a quarterly basis, in annual terms Spanish GDP contracted by 1.2 percent compared to the 1.6 percent contraction registered in the second quarter of 2013 when compared with the same period of 2012. The INE attributed this difference to the low domestic demand of Spain which was compensated by a positive external demand. The Bank of Spain had reported last week that foreign demand had risen by 0.4 percent in the third quarter, while imports decreased by 0.7 percent. It also said that domestic demand had fell by 0.3 percent pointing out that private consumption had increased by 0.1 percent for the first time in a year and a half. The government expects the Spanish economy to grow by 0.7 percent in 2014 from the previous predicted 0.5 percent but warned in several occasions that the crisis had not finished yet.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain\s grows by 01 in q3 Arab Today, arab today spain\s grows by 01 in q3

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today spain\s grows by 01 in q3 Arab Today, arab today spain\s grows by 01 in q3

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday