Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  February 28, 2013 14:50:28

Spain - 4Q GDP revision in the economic downturn deepened to -0.8%

Revision of the Spanish GDP for Q4 of last year, as the recession deepened pace of its economy. GDP under review declined by 0.8% qoq compared preliminarily estimated decline of 0.7%. 3Q GDP fell by 0.3%.

For the full year 2012 GDP decreased by 1.4% compared to a 0.4% rise in 2011.

Domestic consumption declined in Q4 by 4.7% compared with 4% in 3Q. For the full year 2012 domestic consumption of the resulting cut a 3.9 percentage point of GDP compared to a reduction of 1.9 percentage points in 2011.

Export in Q4 grew by 2.8% compared with 2.4% in 3Q. Export supported the overall 2.5 percentage point of GDP, compared with 2.3 in 2011.

Spanish central bank said yesterday that the recession will last well in Q1 of this year and an estimated fall in GDP of 0.5%. IMF expects 1Q GDP decline of 1.5%.

The number of tourists who visited Spain in January, declined by 2.6%.
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March 01, 2015Německo - revize potvrdila růst HDP ve 4Q o 0,7% Vladimír Urbánek (Kurzy.cz)
September 08, 2014Japonsko - revize prohloubila propad HDP ve 2Q na 7,1% Vladimír Urbánek (Kurzy.cz)

Španělsko - revize HDP ve 4Q prohloubila pokles ekonomiky na -0,8%

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