Spain maintains growth rate with a 2.7% year-on-year increase up to June
El PIB avanza siete décimas entre abril y junio impulsado por la recuperación de la inversión y el dinamismo del sector servicios
The Spanish economy has managed to accelerate its growth rate during the second quarter of the year, consolidating an upward trend in an international environment of great uncertainty. According to the National Accounts data released this Thursday by the National Institute of Statistics (INE), the Gross Domestic Product (GDP) advanced by 0.7% between April and June, which is one tenth more than the increase recorded at the start of the year.
In annual terms, activity maintains an advance of 2.7%, the same as the previous quarter. For the Minister of Economy, Carlos Cuerpo, this figure places Spain at the forefront of the major economies of the euro zone, according to a brief press release.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
