Economic

Spain’s economy grows at fastest quarterly rate since 2007

“The Spanish economy grew at its fastest pace over the last three months since the end of 2007, according to Spain’s statistics office. But falling prices show the country is facing a deflation threat after it emerged from a two year recession last year. Economic growth for the last three months was 0.6%, ahead of the Bank of Spain’s forecasts of around 0.5%. That leaves the annualised rate of growth at 1.2%.”

Source: BBC News – Spain’s economy grows at fastest quarterly rate since 2007

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