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Interview W Labor Dept Official On China Trade Talks

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Sep 28 Auction Size Announced

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SPAIN Q2 FLASH GDP +2.8% Q/Q SA, +19.8% Y/Y WDA

SPAIN Q1 GDP UNREVISED -0.4% Q/Q; -4.2% Y/Y

  • Spanish economic growth increased by to 2.8% in Q2, beating market expectations looking for an uptick by 2.2%.
  • The second quarter was characterized by falling infection rates, a loosening restrictions and progress in vaccinations, which boosted economic activity.
  • The annual rate surged by 19.8% in Q2 after recording -4.2% in the previous quarter and reflecting the sharp fall in Q2 2020.
  • Q1 growth was unrevised at -0.4% Q/Q and -4.2% Y/Y.
  • Household consumption rose markedly by 6.6% in Q2 after falling by 0.4% in Q1, reflecting the reopening of the economy.

Source: INE