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MNI: SPAIN DATA: Final GDP (Q1 2019) Preview -.......>

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MNI: SPAIN DATA: Final GDP (Q1 2019) Preview - 08:00 BST
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- Flash: 0.7% q/q, 2.4% y/y; Prev (Q4): 0.6% q/q, 2.3% y/y
- Final release expected to confirm acceleration in Spanish GDP growth in Q1 
- Spain has continued to outperform its Big 4 peers as it enjoys robust catch-up
growth driven by past structural reforms
- High frequency data available for Q2 point to continued solid growth
- Unemployment has maintained a downward course, while consumer confidence has
been trending higher since the start of the year
- However, Spain's economic expansion could cool slightly in H2
- The country's manufacturing PMI sank to 50.1 in May, signalling
near-stagnation in the sector...
- ... with new orders falling & confidence about the future hitting a 6-mth low 
- Meanwhile, although the services PMI indicates that the sector continued to
expand during May, it did so at a slower rate...
- ... as new business growth weakened to lowest level for over 5 1/2 years

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