MNI China Daily Summary: Wednesday, July 17

MNI China Press Digest July 17:  Investment, LPR, H2 Priority

MNI BRIEF: NZ CPI Prints Lower Than Expected At 3.3% Y/y

MNI: PBOC Net Injects CNY268 Bln Via OMO Wed; Rates Unchanged

CHINA PBOC CONDUCTS CNY270 BILLION VIA 7-DAY REVERSE REPOS WED

MNI: PBOC Sets Yuan Parity Lower At 7.1318 Wed; -1.32% Y/Y

Final June HICP Confirms Sticky Services Narrative

MNI: EUROZONE JUN FINAL HICP +0.2% M/M, +2.5% Y/Y

Survey date avoids Swift concerts - but accomodation is still very high

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Spanish GDP Stronger Than Expected in Q4

SPAIN DATA
MNI (London)

SPAIN Q4 FLASH GDP +0.4% Q/Q SA, -9.1% Y/Y WDA

SPAIN Q3 GDP UNREVISED +16.4% Q/Q; -9.0% Y/Y

  • Spanish economic growth decelerated to 0.4% in Q4 as the second wave of Covid-19 hit the country, but outpaced expectations looking for a modest decline.
  • The annual rate deteriorated slightly to -9.1% after recording -9.0% in the previous quarter.
  • Over the year of 2020, GDP will be 11.0% lower than in 2019.
  • Q3 growth rates have been unrevised, showing a strong rebound after Q2's severe fall.
  • Household consumption slowed to 2.5% in Q4 after growing by 20.8% in Q3.
  • Government consumption increased 4.0% in Q4 after rising by 1.2% in the previous quarter.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com
Homepagemarkets-real-timeBulletMarketsFixed Income BulletsForeign Exchange Bullets

To read the full story

Close

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.