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Why MNI
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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessFinal Q1 GDP Revised One Tenth Higher
Spain Q1 Final GDP was stronger than expected on both a quarterly and annual basis. GDP was revised to 0.8% Q/Q SWDA (vs 0.7% cons, ) and 2.5% Y/Y (vs 2.4% cons).
- The strong Spanish activity levels come following analysts forecasts of improving growth over the next few quarters of 0.5% Q/Q and economic sentiment remaining above the long term average.
- The press release notes that national demand's contribution to Q/Q GDP was revised up from 0.2pp to 0.3pp, whilst confirming external demand drove quarterly growth in Q1 as it did during the flash reading, contributing 0.5pp to the 0.8% Q/Q print.
- Export growth was 3.3% Q/Q while imports grew 2.2%.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.